Any insight on Palm Springs market? Looking into a flip deal.

[Carlos Cristiani]

Hi BP’s community! The deal pencils out, numbers work, checked out property and estimated rehab costs. My question is, how active is the market in PS? How long should I expect to hold before it sells?

I want to be conservative on holding costs. Would 60 days be reasonable? 

I know it depends on so many factors. Quick overview. Paying $300k for condo in a nice medium size condo complex. Comps at $420-$450k. Spending $20-25k on rehab and going to market at $415k

HOA highest holding cost at $650

This is my first flip ever. Did some buy and hold apt complexes back in 2009 and want to get back investing in RE.

Thanks!