Updated almost 10 years ago on . Most recent reply
Hard time finding properties
My wife and I are trying to rehab and sell properties in the Northern Virginia area. We have just started looking for properties but it seems it is very hard to find any properties that get us the profit we need. I am using the calculator on this site for flipping. I am baking in a profit of $20,000. Yet it seems every property we find and calculate we can't get low enough. Other people are paying full asking price for properties.
Am I asking for too much profit for this area? What is right profit should i be getting in the northern Virginia market?