Serious Investors Still Flip for Flipping

Despite steadily rising rents, experienced investors still prefer fixing and flipping houses as opposed to buying a house for the purpose of renting it out, according a new report from Auction.com.

 The results come courtesy of Auction.com’s February 2015 Real Estate Investor Activity Report, a nationwide survey of real estate investors bidding on properties offered for auction during the period.

According to Auction.com’s survey, 57.3% of respondents who identified as full-time “real estate investors” are looking to flip a property, compared to 41.5% that are buying to rent.

On the other hand, survey respondents who said that they were just making a “one-time purchase” were much more likely to be buying to rent (64.5%) than buying to flip (34.6%).
More details via Housingwire: