Or, the house just sits longer and gets passed over by those buyers that are still in the market.And no, it doesn't matter that prices are up 2.8% if you can't find comps to support that asking price. 

Quote from @Stendjy Clerveau: I would first look at not doing a flip at all until your cash reserves are saved up more.

Two years later, my units are 95% occupied, I am under contract to pick up a multifamily property, a new casino is coming to town and a couple thousands jobs are coming.I am not convinced Danville will ever become an emerging market but it does seems to be a consistent performer. 

.: I wanted to follow up on this thread because I am getting so much conflicting information on this topic.

Sounds like a mix of opportunities provided you fix it up better than "poor" condition.

So they need to charge the points up front.What's wild to me is to pay 4% origination and still be at a 7.6% rate, lol.

I have an STR in a ski area in Colorado and we are up 155% from last December.

is why they want a payment plan.. personally I would take them up on it. 

Also, it's not up to the listing agent to determine what offer will work because it is completely up to the seller.

We are told this policy does not covered asbestos abatement.Please note that we do have Ordinance or Law on this policy that will cover up to 2.5% of the Coverage a-Residence.