Updated almost 3 years ago on . Most recent reply
Pittsburgh Flip: drop price or wait out the storm?
I have a house that I'm flipping in Pittsburgh where we listed the rehabbed house as the market started tanking. Do we drop the price to get rid of it or sit tight and wait for an upswing to make some money on it?
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@Michael Scott this flip is in new kensington so the market is cooler than hot Cranberry Township. I ended up lowering 10k today so we will see what happens. I partnered with another investor and he does not want to keep it. If we drop another 20k, we will break even