Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago, 12/19/2020

User Stats

12
Posts
5
Votes

Flipping in the Midwest

Michael J. Lemus
Posted

I want to buy a relatively cheap SFH (cash) to do a fix and flip, mainly as a way to get my feet wet but of course also make a bit of profit, and right now I'm looking at the Midwest. Columbus Ohio comes to mind, as does Grand Rapids Michigan. I don't really know the Midwest all too well though so I'm looking for some advice from people who do.

Ideally I'd like to find an area where the median home value is around $100-150k, with the goal of getting something for a purchase price of around $50-75k and putting in $15-25k for a profit of $35-50k. Basically I want to use this first deal as a way of getting a feel for out of state flipping.

Anyone here from those areas or have any suggestions for where a flip like this might do well? Thanks!

Loading replies...