Flipping around Bangor,ME
My wife and I are looking to start rehabbing properties for resale. While talking with banks about financing, one told me that investors in my area are making 10-15k on average per flip. This seems like a low number for all the work that goes into a flip. Should I be seeking a different means of investing? Not trying to sound hoity-toity; I’m just feeling that at the end of the project, 10k is not going to feel like a sufficient payout for the sweat and tears.