Are you really profitable ?

[Haven Ousley]

So I’m in the process of doing my first flip this year and I’ve been analyzing deal after the deal & ive been thinking is it really profitable?

If I pay $8,000 down for the loan and $17,000 in holding cost & fees and my desired profit is $25,000. Technically am I only making profit because I’m paying $25,000 out of pocket ? Is this simply fixed by looking for a higher profit ?

I’m confused. If any flipper and just someone who understands can explain to me how they actually profits after such expensive holding costs from hard money that’d be very helpful.