making a profit on higher priced homes.

[Michael Wetherby]

hi, my question is , how to decide if there is profit in buying homes that are on the market with a price close to the comps in those areas?

I've purchased 2 condos when the market was just rising to the highest point it has been in a while and renovated them and they sold for a small profit but now I cannot seem to find deals on homes in which a decent return could be made.

can money be made on homes close to market value?

thanks.