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Rehabbing & House Flipping

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Andrew Rosenbaum
  • Investor
  • Quakertown, PA
4
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13
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Buying a Flip to Sell in April, 21'!!! Good Idea or Bad Idea?

Andrew Rosenbaum
  • Investor
  • Quakertown, PA
Posted Sep 25 2020, 06:21

I'm looking to purchase my first flip property in the coming weeks. By the time it's rehabbed and ready to go on market, it'll be about April of 2021. I know each market is different however, given the effects of COVID, what do you think the general overall market will look like in 6 months? Do the behind the scenes foreclosures that have yet to take effect scare you? Should I expect a significantly lower sale price than the current comps or are todays comps reliable? Curious what you all think the next 6 months looks like for sellers. 

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