Why flipping houses is harder than it used to be

Flipping remains challenged due to competition, lack of deals, and a constrained first time home buyer.  However, lending is getting easier, and the pent up demand for those looking to purchase that have been unable to do so will create opportunities for those investors who make wise purchases in key markets and sub-markets.  Jacksonville FL remains one of the top markets in the county as noted in the article below.

http://www.cbsnews.com/news/why-flipping-houses-is-harder-than-it-used-to-be/

"The most lucrative markets featuring the highest gross returns were Baltimore, St. Louis, Jacksonville, Florida, Chicago, Detroit and Washington, D.C., according to RealtyTrac."

See past blog posts for details regarding the Jacksonville FL market.