Flipping Houses in New York: 5 Cities to Consider
HomeLight
MARCH 10, 2023
“Generally, I start from the back — what is the after-repair value (ARV) when the house has been fully renovated? Inflation has had a big impact on renovating a house and that is something flippers have to take into consideration when creating a budget, Wise adds. Money was cheap but it’s not cheap anymore.” Wise agrees.
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