When purchasing single-family homes, investors often find themselves competing with end-users, who are other homeowners in the area.
When purchasing single-family homes, investors often find themselves competing with end-users, who are other homeowners in the area. This can present a challenge, as the other buyers on the market might not be as concerned about their bottom line. They might be willing to pay a premium to get a certain amenity or move into what they view as their dream home. This means you may have to pay more than planned to get a home you were considering for a fix and flip project.