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Updated over 3 years ago on . Most recent reply
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Can you flip homes in this current economy?
I'm not a flipper, just a buy and hold investor. But I'm curious to hear if people are flipping homes and seeing a good profit. I'm seeing fixer upper homes get 20 offers and sell way above what it should be. That leaves me to believe that margins are razor thin almost everywhere.
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@Aristotle Kumpis
Hard to do in this current market. Prices are crazy. I have noticed they are starting to come down slightly and price reduction on the MLS happen more often. I think the BRRRR method is the way to go right now with interest rates as low as they are.