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Updated almost 9 years ago,
First-time Flipping Question/ Need Guidance
My goal is to use my own cash to flip three homes in one year, each profiting at least $25,000. It seems pre-foreclosures/foreclosures are the way to go, but going about finding and buying them seems intimidating and confusing. I have no experience in real estate whatsoever, but I have a good chunk of cash coming my way. Is this goal realistic? What's the best starting point, and can anyone tell me on average about how much cash it will realistically require per house to make this happen?