I'm about to graduate so I do have a general understanding of types of debt instruments, discount rates, and just about most financial terminology.  

A lot of investors underestimate how much easier your first deal becomes when you pick a market where the margins actually allow room for mistakes.For a first flip in a city like Baltimore, here’s the workflow I’d follow:1.

Premier Point Realty or Homestead offer the course at a discount. 

Look into local market trends, rehab costs, and potential profit margins.

Average Profit Margins in DFWI know this varies widely but I’d love to hear what people are realistically netting:• What’s a typical profit range for newer flippers?

I have not yet been told if this is at standard financing terms or worse terms to reflect any elevated risks.My question is should I pursue this purchase and if so at what sort of a discount?  

Don’t discount the homeowners capital gains exclusion if you have lived in NH home 2 of last 5 before selling. 

If the profit margin is too tight, it may make sense to wait for a better deal or continue building capital until the numbers work more comfortably.

The margins initially looked workable, and the local buyer demand suggested that a well-executed renovation could create a solid return, making it a reasonable project to pursue.How did you find this deal and how did you negotiate it?

We take the “worst reasonable comp” as our ARV to protect margin.4.