Anyone see any distressed properties worth investing in?

Question

I have studied my face off and it's time to pull the trigger and start actually investing and flipping real estate. Much rather BRRRR. But open to looking for multiple exits, depending on the deal

Brendan Mullenholz · Answer

Love the ambition!  Welcome to the community.  There's a lot of info on BRRRR here on the site and a lot of helpful people.  Definitely look into areas where theres a good amount of rentals and not enough inventory.   Know your classes and adjust accordingly for the best results.

Kerlous Tadres · Answer

Hey Charles, from my experience, focusing on markets where you can find distressed properties that have strong after-repair value (ARV). Look for neighborhoods that are up-and-coming or have potential for gentrification. For BRRRR specifically, I would suggest finding properties in areas with solid rental demand and low vacancy rates. That way, you can refinance with confidence once the rehab is done. If you're also open to flipping, make sure the property has enough margin for both renovations and the time to sell.

Ned Carey · Answer

@Charles Campbell It depends on your market. I live in Baltimore and distressed properties are all over. A lot is talked about here on BP about BRRRR but it really takes a specific deal and set of circumstances to make it work.

Anyone see any distressed properties worth investing in?

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