Popular Styles of Homes for Fix and Flip Projects in NJ?
Hey everyone,
I'm working with my Agent to narrow my search on fix and flip properties, and I'm trying to optimize my search to minimize vacancy time when the project begins.
Does anyone have experience with what types of single family homes are typically more popular In NJ? Particularly north-eastern NJ. If you have experience in other parts of NJ as well, please feel free to post your advice; more data is always better!
I was analyzing a Cape Cod style home, but didn't think it would be popular for resale since it is a 1 floor home. If I were purchasing a home, I'd want 2 floors, but maybe that is just my own biased opinion, and the general sales trends of real estate in the area may be different.
So, which types of single family homes are most popular to sell in a fix and flip project? Cape Cod? Ranch? Colonial? Does the style matter much, or should I be thinking more in line with number of bedrooms/bathrooms (3 bedrooms, 2 bathrooms seem to be the trend).
Thanks for all your support!
David