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Updated almost 10 years ago on . Most recent reply

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R Mccauley
  • Investor
  • Gardena, CA
0
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1
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Flipping ROI

R Mccauley
  • Investor
  • Gardena, CA
Posted

Hello, Everyone my name is McCauley I wanted to know what do you think about flipping in this market I'm located in S.California where it seems like everyone has money, a lot of full price offers these days, I talked to an investors some say the ROI in this market it 10-8% on a middle 500 or lower price property. I talked to someone who was very successful and they said at that 10-8% ROI I might as well wholesale deals then get into a rehab there is not enough security if something goes wrong, so I should submit offer no lower than 13% ROI.. What do you guys think. Flip or Wholesale

Thanks, McCauley

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