Sunday 14 June 2020

How will house-flippers fare post-COVID? Look to Cleveland

Cleveland has been one of the most profitable places to flip single-family homes as rentals in recent years. The coronavirus pandemic is likely to make it even more attractive to investors, according to the Wall Street Journal. Economic uncertainty brought on by the pandemic means it is riskier than it’s been in years to take out a mortgage. Banks tightened mortgage lending standards. Concerns about the concentrated nature of urban living appears to be fueling



source https://therealdeal.com/2020/06/14/how-will-house-flippers-fare-post-covid-look-to-cleveland/

No comments:

Post a Comment