Flipping in the Poconos

[Erica Naveja]

Hello everyone! Im new to biggerpockets. I live in NYC but I have spend my life with summers and weekends in PA. I have about 30k cash on hand and my husband is a contractor here in NY. I'd like to buy a small rehab property in PA and flip it but I don't know the communities well enough. I know APCP has a bad rep and Pocono Farms too, but are they really as bad as they say? What areas have the best chance of resell once our rehab is complete? My biggest fear is not being able to sell it. Any and all info is truly appreciated...

Thanks all!!

Erica

[Jon Sanborn]

@Eric A. is correct. I grew up in the area and my parents are active flippers there. One of their recent flips sat on the market for a year. They still made a nice profit, but you definitely have to account for long holding costs. They operate mostly in Mt. Pocono. There are properties there that you can get very cheap, put 20-30k into them and sell them for a 20-30k profit. That's what my parents have been doing and it's been working out well for them.