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Updated over 9 years ago on . Most recent reply

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8
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2
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Nancy Cummings
  • Saint Cloud, MN
2
Votes |
8
Posts

Is Fall a Bad Time to Buy?

Nancy Cummings
  • Saint Cloud, MN
Posted

Hello,

My husband and I would like to buy a house to flip, but realistically will not be able to do that until some time in the fall.  Figuring 30-60 days to repair and then list to sell, we will be heading into winter which we figure is a slow time for sellers.

My question is whether it would be better to wait until the end of the winter to buy so that it will be ready to sell  in the hotter spring market.

What are people's experiences with timing their real estate purchases?

Thank you!

Most Popular Reply

User Stats

105
Posts
43
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Cheryl P.
  • Rental Property Investor
  • Indianapolis, IN
43
Votes |
105
Posts
Cheryl P.
  • Rental Property Investor
  • Indianapolis, IN
Replied

@Nancy Cummings  Winter might be a good time to buy as you may be able to get better contractor rates as their business tends to slow down in the winter. If as you say time it to be ready for market by early spring.

I am still seeking my first deal, but here are some BP posts on the topic.  

http://www.biggerpockets.com/forums/12/topics/1468...

http://www.biggerpockets.com/forums/48/topics/1596...

http://www.biggerpockets.com/forums/311/topics/110...

http://www.biggerpockets.com/forums/311/topics/168...

You can find more posts and blogs via search feature using "what time of year is best time to buy" there are 300+ blogs.

Good luck

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