Flipping in the new market

[Ryan Lockstein]

We have been flipping (rehabbing) heavily for the past few years (40 per year).  Recently I am stacked with a lot of inventory.   I know the market is shifting and I should expect longer days on market but I’m having a hard time deciding where to go from here…….   Do I keep buying so that I can try and maintain an income or do I shut off the tap completely so I don’t “lose” money on deals.  Another option is that I buy much cheaper but I imagine that means way less volume.  What are all of my flippers out there doing to navigate this change?  Any advice from the pros is greatly appreciated.