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Updated about 15 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
John M.
  • Residential Lender
  • Sacramento, CA
2
Votes |
19
Posts

Small house

John M.
  • Residential Lender
  • Sacramento, CA
Posted

What are your thoughts on small houses. 2/1, 675 sq. ft. Home is on a half acre lot in good area. Has/ had tentative lot split. I am looking only to fix and flip. Have you had any issues selling a small home.

Most Popular Reply

User Stats

169
Posts
65
Votes
Larry Moore
  • Real Estate Investor
  • Belvidere, IL
65
Votes |
169
Posts
Larry Moore
  • Real Estate Investor
  • Belvidere, IL
Replied

Generally, I stay away from anything smaller than a 3/1, unless it is in a highly desirable area and priced for first time home buyers. Does the house have a garage? I wouldn't touch it with only two bedrooms and no garage in my area. Talk to a realtor who can give you time on market stats for smaller homes in that neighborhood.

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