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Updated over 8 years ago on . Most recent reply

Stacy Weng's profile image
Stacy Weng's profile image
Stacy Weng
  • from Fairfax, Virginia
  • Member since Dec 24, 2013
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Stacy Weng's profile image
Stacy Weng's profile image
Stacy Weng
  • from Fairfax, Virginia
  • Member since Dec 24, 2013
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Stacy Weng
  • Fairfax, VA
35
Votes |
69
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Buying & Selling Real Estate

First Time Flip ROI

Stacy Weng
  • Fairfax, VA
Posted

I know this is going to be different for everyone, but what's a good ballpark ROI to aim for for my first flip? I'm analyzing some deals right now and trying to figure out what a realistic range is. I'm assuming that for a very first flip, I should aim a little lower, and work my way up to better returns as I gain experience?

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Dana Whicker's profile image
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Dana Whicker
  • Investor
  • from Fernandina Beach, Florida
  • Member since Oct 10, 2014
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Dana Whicker's profile image
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Dana Whicker
  • Investor
  • from Fernandina Beach, Florida
  • Member since Oct 10, 2014
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Dana Whicker
  • Investor
  • Fernandina Beach, FL
374
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557
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Dana Whicker
  • Investor
  • Fernandina Beach, FL
Replied

On your first flip a profit of $1 or more is a good result. I'm not kidding.

  • Dana Whicker
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