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Maryland Real Estate Q&A Discussion Forum
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Updated over 7 years ago on . Most recent reply

User Stats

85
Posts
6
Votes
Tony Sepassi
  • Investor
  • Reston, VA
6
Votes |
85
Posts

compettion getting out of hand for flipping in Maryland metro

Tony Sepassi
  • Investor
  • Reston, VA
Posted

Hello,

Is it just me or are you guys feeling the competition for bidding on a rehab?

Had one property which had 44 offers on it and another 20 offers. It reminds me of summer 2005.

I'm thinking we will see a crash in a year or two?  Are there other areas which is easier to flip?

Most Popular Reply

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42,731
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62,943
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,943
Votes |
42,731
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Russell Brazil  Russell whats the skinny on infill new builds as @George Taylor mentioned.

is there a play ?  lot prices  200 to 500k for lots... build costs ?  <150 a sq. sell over 1 mil.. that type of thing ?

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JLH Capital Partners

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