| Resale Investors Club |
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Due to the most recent preconstruction phenomenon thousands of units in Florida are now be offered for resale. A resale is the sale of any property that has been owned by at least one previous owner. It can either be a completed project or a project that is simply sold out and in resale’s.
Up to 90% of some new development projects are said to have been purchased by speculators trying to flip their units. The result is that when the market slowed flipping became very difficult and a new wave of investing began. Although not all people reselling their units are in a desperate situation, there are many people out there that are just looking for someone to take over their original deal or in some cases for less. Taking into consideration that many of these people bought their units more than two years ago savvy investors are snapping up units at unbelievable prices.
What it takes to be a Resales investor.
To invest in resales, you must have money to close on a property and hold it for an indefinite period of time. Unlike a speculators market where people many times only have part of the money, and hope to quickly sell their units, an investor in resales has to have staying power.
If you meet this criteria and are looking to find deals in the new South Florida Real Estate Market please fill out this form and submit it to us, and we will contact you to sign you up for our exclusive investors club.
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