In a June survey of 1,400 investors, 93% indicated plans to purchase properties this year, many of them in need of serious repairs.
While 30% of investors indicated they would use cash to finance their projects, 70% rely on loans.
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With supply of homes for sale near record lows, individual investors have been stepping in to fill the gap. So reports DSNews.
In a June survey of 1,400 investors, 93% indicated plans to purchase properties this year, many of them in need of serious repairs.
While 30% of investors indicated they would use cash to finance their projects, 70% rely on loans.