Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 13 years ago, 11/12/2011

User Stats

683
Posts
190
Votes
Cheryl C.
  • Investor
  • Reston, VA
190
Votes |
683
Posts

Should I hold my flip off the market until spring?

Cheryl C.
  • Investor
  • Reston, VA
Posted

I am closing on a short in about 2 weeks. I expect the rehab to take about a month, putting me into the holidays. In my market the buyers come out in droves when the first warm weekend arrives. This is usually mid to late February. Should I hold it off the market until then? I am paying cash so I won't have much holding costs.

On the other hand, inventory is very low (2.77 months) especially in the price range and location of this property. It will be in the lower 400's. I risk some calamity with the economy, etc. if I hold off, but I expect to make an extra 15K or 20K (if the appraisal doesn't screw me up) if I wait. What do you all think?

Loading replies...