Thanks !!!!!!!!!!!
2006-11-07 17:36:13 · 4 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
supposedly it is a buyers market- but you need to know the neigborhood and the market where you buy- that make it look like fun and frustration on TV- also if you have a realtor sell rememer their cost- D
2006-11-07 17:50:50 · answer #1 · answered by Debby B 6 · 0⤊ 0⤋
I personally feel you can wheel and deal now. In a perfect world I would pay cash for the property and hold and rent for 2 years, remodel and sell. The advantage flippers have is they have no emotional attachment to the property and are more negotiable than homeowners. You just have to be careful of overpaying for your property. I know people who purchase properties at least 30% below market value and it allows them to be very flexible with the pricing of the property.
2006-11-08 03:13:00 · answer #2 · answered by tianaramal 4 · 0⤊ 0⤋
Investors are seeking new strategies. Ones that I am working with and am currently implementing is buying low (foreclosures to be exact) remodeling/fixing...... AND HOLDING.... renting them out until the market becomes a sellers market once again.
Unfortunately foreclosures are on the rise and it provides new opportunities for investors.
2006-11-08 09:45:25 · answer #3 · answered by Anonymous · 0⤊ 0⤋
This is the question of the year...is now the time to buy? Have we hit bottom?
This answer can vary depending on multiple factors. I wrote a blog on the subject that may shed some light.
2006-11-08 02:34:15 · answer #4 · answered by Anonymous · 0⤊ 0⤋