How is the market where you are?
I've heard from so many investors that they have put a pause on their flipping business. Simply because rates are higher, homes are not selling, and deals do not work. Are you seeing the same thing in your market? Are you still successfully flipping right now?
Most Popular Reply
got out of flipping to new construction in our market in columbus ohio. licensed general contractor. when interest rates got high single family existing went down by 30% new builds sold at a 6% increase that year which demonstrated the desire and premium that new construction commands. never looking back. total control, rinse and repeat. we can get permits in 28 days. we can buy land cash in 21 days. we can build in 120 days to 140 days and keep moving. super scalable and easy and no risk. we build the same 2-3 Floorplans
- Robert Ellis
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- 786-494-6766
