Understanding how much it costs to flip a house is key to successful real estate investing. Basic house flipping costs involve the purchase price, holding costs, renovation costs, and selling fees. A clear understanding of the cost components is crucial for ensuring your house flipping is a lucrative investment strategy. Otherwise, your budget will quickly disappear, along with any profit.
I'm an architect in San Francisco interested in getting into real estate investing. I was fortunate to buy a 1BR condo in San Francisco at the bottom of the market which is now a great income property.
In my spare time I like to ride my bicycle, hike, cook and check out concerts.