Auburn Hills, MI · Member since 2015 · 8 posts · 3 votes
How what ROI % should I be looking to make on every flip. Fine line between being greedy seeing what it could go for and just getting getting a certain percentage and getting out. I understand every market is different but please give me insight on your experience if possible.
Here in my area- if you're walking away with $15k, it's a darn good day. I know of many people around here who are doing it for far less. That's what happens in a hot market.
Wow. Personally I won't do a rehab unless there is 20k+ on the table. You get down into 15k profit margins and one or two unforeseen issues turns your "deal" into a loser.