Flipping in the current AZ Market

[Andrew Buttafuoco]

AZ Flippers, how are you analyzing deals in the current market? What is a good deal to you these times? How much are you accounting for when it comes to the market shifting and listing a flip 3-6 months down the road? What percentages are buying at?

[Curtis Bluth]

Quote from @Andrew Buttafuoco:

AZ Flippers, how are you analyzing deals in the current market? What is a good deal to you these times? How much are you accounting for when it comes to the market shifting and listing a flip 3-6 months down the road? What percentages are buying at?

Can’t speak for everyone else, but the anticipated ARV price point for homes we buy have to stay within FHA limits. It’s definitely getting frothy in the market, but any home within FHA loan limits will provide you with a larger buyer pool.

I’ve got a listing for a higher priced home that’s currently sitting on market, and has for awhile now. With interest rates changing so rapidly, the higher priced homes have seemed to struggle getting moved on time and for a decent price.