Which price range of homes seem to wholesale and/or flip the best? Do over 100k sell better than under 100k? Thanks.
Hard question to answer as $100k means something different in every market. In my area $100k gets you a peice of crap condo, in Texas it might get you a really nice big house. To answer your question for all markets- houses for the average family with 2.5 kids and a dog sell best. Something affordable to the average family with 3 bdr and 1.5 or 2 bathrooms. These homes sell in any market but when the market gets bad luxury homes don’t move.
The ones that wholesale/flip best are the ones that are 30-40% (or more) undervalued for the area…period.
Keith
I like $10,000,000 to $10,000,025.
Mike