Fix-and-Flip Opportunity on the RiseMarkets do not want instability, and there is lots of it on the horizon with the forthcoming elections and the ongoing impact of the pandemic on our lives and the economy.However, if you're one of the many people waiting to start the next real estate investment project, you should think twice.
Investing at the right moment will have both short- and long-term strategic benefits.
And for the real estate investor, this leads to increased market value, increased rental revenue, and increased equity in the real estate investment, which savvy investors use to borrow, expand, and add zeros to their net worth.According to compelling recent research and credible media outlets, there is an enormous and immense opportunity for investments in single-family and multi-family homes.PRIME TIME FOR FIX-AND-FLIPSAccording to Hunter Carter of Auction Caddy, a real estate brokerage and a Corridor Funding customer, current circumstances favor rehabs over new construction.“Existing homes under $220,000, which new builds can't match, are ripe for the picking, not just for home buyers, but also for developers who see the supply/demand imbalance,” Carter added.
“The price and availability of existing home resales will be sustainable in the future.”Investors will have to look for prospects, however, they exist, and they will become more plentiful in the coming months.
If the economic fallout from the COVID-19 pandemic persists, an increasing number of inspired sellers will want to sell their homes as soon as possible.COVID-19 fears have caused some buyers to hold off on entering the industry, causing raw and finished material demand to slow down.
Others were watching to see what will happen during this once-in-a-lifetime opportunity.