Hi, I'm am investor/broker in the Tampa St Pete area. I'm looking to extend my house flip search area out to the Orlando area as I have been making full price cash offers over the list price and still have been outbid for some of my prospective flip projects. The market here in Pinellas county is an unbelievable sellers market! Since my mls extends all the way east to Volusia County and it also includes the Orlando area I'm willing to start looking for homes in Orlando. I'm looking to not spend more than about $175,000 before repaired on 3/2, 2/2, sfr homes located in safe areas where I don't have to worry about my projects being vandalized/broken into. Any ideas on which part of the Orlando metro area are ripe for finding a good deal? I could even go up to Deland. Thanks, Jeff
Deland and Deltona areas may have more options, but chk around baldwin/virginia, delaney, sodo... and Seminole co may be worth searching (Sanford down to Maitland). Investors commonly offering above ask here too.
@Jeffrey Hayes In order to be competitive in the Orlando market, you have to submit the offers with high EMD and waive inspections. That has been the only way my clients have been successful getting the properties.
Im an appraiser, investor and realtor in Central Florida. Email me about any specific areas.
Thanks to everyone for their quick responses.