Quote:
Originally Posted by sonofsam
What do you do when the market is too hot? I feel like all properties are extremely overpriced here currently. Is it better to stay out when it's red hot, or do you still buy/renovate/sell in these market conditions?
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I wouldn't be flipping anything right now because when the market turns it turns fast and you'll never be able to get rid of them. If you're buying multiple doors - duplex/triplex multifamily properties (no single family homes) and you're planning on holding, buying at the top imho is Ok. as long as it's cash flowing and you have enough down, you're fine.