More than half of the survey respondents (53%) indicated that they plan to hold investment properties as rentals, almost twice the 30% who plan to flip the homes.
Higher Cost of Financing Seen as Major Challenge Today and Going Forward
Lack of supply is the second highest-rated challenge, followed by competition from consumers, competition from larger investors, and difficulty securing a loan.
This may be an indication of credit tightening by regional and local banks, which have historically been a source for these types of commercial loans.