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Updated 17 days ago on . Most recent reply

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836
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318
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Drago Stanimirovic
  • Lender
  • Miami, FL
318
Votes |
836
Posts

What’s the Minimum Profit You’ll Accept on a Flip?

Drago Stanimirovic
  • Lender
  • Miami, FL
Posted

When running numbers, do you have a fixed percentage or dollar amount you require before moving forward on a flip? Curious where different investors draw the line.

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Phoenix Funded

Most Popular Reply

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162
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61
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Cheryl Schuck
  • Real Estate Agent
  • Parsippany, NJ
61
Votes |
162
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Cheryl Schuck
  • Real Estate Agent
  • Parsippany, NJ
Replied

I think the dollar amount would depend on how much time it would take to complete the work. Time is money, so that's always the place to start.

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