Red Flag Flips: Signs That You May Need to Skip a Flip (Part 1)

By |2020-05-09T09:09:14-04:00April 16th, 2020|Categories: Flipping, Hard Money|Tags: , |0 Comments

While you’re in the flipping business to make money, profit potential shouldn’t be your only consideration when deciding whether or not to purchase a property. Beware of these red flags that may mean you need to skip a flip. Lots of Homes for Sale in the Neighborhood If there are lots of homes on the market in the neighborhood it could simply be happenstance, or it could be a red flag that a larger issue is at play. Perhaps land nearby is going to be purposed for something that homeowners don’t want to live near, like a commercial development, or