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Updated about 2 years ago, 10/06/2022
Preferred size during home flips
I'm curious to get your thoughts on the size of a home that you prefer to do flips on. I've seen on here that many people like a 3/1 or 3/2 1400-2000 square foot homes. I'm interested to know the reasoning of that. Is it because it's a smaller home, the rehab etc can be done much quicker and the turnaround is fast when selling? As opposed to a 3,000- 4,000 sq ft 5 bedroom/ 4 bath home where the return could be much higher, but risking longer turnaround times. Is there headaches involved with doing bigger homes? Is it the financing that turns people away from doing them? Curious to hear. Thanks.