Updated over 11 years ago on . Most recent reply
What other markets have $100K+/- spread on rehab flips?
I am curious to know what markets other than SoCal have $100K+/- margins on $350K~ purchase cost homes?
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Five points area in Raleigh. How do I know? I funded (via SDIRA) a flipper there. $161K in, $345K out. 5 months deed to deed. A little more than paint... he put in a lot of $$, but I'd contend there are $100K spreads on cities coast to coast.