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Updated over 13 years ago,
adjusting exit strategy as deal ages
Hi ya'll. Hope I'm posting in the right place....
I plan to rehab. There are bound to be times when I can't sell when I want for what I want. How do I know I'm coming to a point when I better start thinking about changing strategies? I'm guessing it's based on my daily holding costs, like up to "x" days I can afford to follow a full retail strategy, but beyond that I better get moving on a lease/option, and if that doesn't work within "x" days, I better....
Thank you for your advice.