Top Markets for House Flipping
There is still great money to be made in house flipping in 2019. It’s all about picking the right strategy, location and having the marketing plans to make it happen.
In the first half of 2018, house flippers still made an average gross return of 44.3%, or $65,250 per deal. Only 32% of those where purchased as distressed sales according to ATTOM Data, while the number of investment properties on which financing was used has continued to increase.
The US property market has been changing significantly over the past year. That has many property investors wondering where the best markets are now. Where are the best states and cities to flip to keep up profits and expand to scale up volume?
Best States for House Flipping for Profit
According to CNBC’s ‘Make It’, the top states for flipping houses now are:
- TN
- PA
- NJ
- LA
- CO
- MD
- VA
- FL
- IL
- KY
Read Full Article [Source: www.reww.com]
