Are Your Flip Margins Getting Squeezed in 2025?

[Andy Gonzales]

Hey BP community,

Just saw the latest ATTOM data and it's a wake-up call. Profit margins on house flips hit their lowest point since 2008, with the typical flip now generating a 25.1% gross ROI while median purchase prices reached an all-time high of $259,700. We're competing with first-time homebuyers for the same affordable inventory, holding times are creeping up to 164 days, and regions like the Northeast are seeing serious inventory shortages while the West is getting hammered by labor and material costs. The opportunity is still there, but it's no longer a get-rich-quick game—it's rewarding discipline, off-market sourcing, and faster execution.

Question for active flippers: What's your biggest challenge right now—finding deals, financing, holding costs, or something else? And what's working for you to stay profitable in this tighter margin environment?