Rehabbing And Flipping in a Foreclosure Market

[Jacob F.]

Hi Everybody,,

First, special thanks to everyone here at BP for the informative material you could find here.

Although I have done 16 Rehabs & Flips, all of them within 30 miles from where i live,

I am now looking to invest and a town that is about 50-60 miles, i have found a neighborhood that i believe will be a great market for Flipping , based on Purchase price and ARV comps that sold very nicely.

My question is the neighborhood is flooded with........ Foreclosure Properties!!! what does this say in regards Flipping in this neighborhood???

Your insight will be greatly appreciate it.

Thanks in advance!