Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Rehabbing & House Flipping
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 almost 3 years ago,

User Stats

1
Posts
0
Votes
Ryan Roberson
  • Flipper/Rehabber
  • Saginaw, TX
0
Votes |
1
Posts

Finding a Deal. Hard to find right now?

Ryan Roberson
  • Flipper/Rehabber
  • Saginaw, TX
Posted

Hey everyone, I’m fairly new to flipping. I was a loan officer for 6 years so I understand the industry well and just went full time to flip houses 2 months ago. 

Question is - is it difficult for anyone else to find a deal right now with a decent return on it? Been cold calling, texting, driving for dollars, and bandit signs. I’ve come across a few leads but every house is being bought at thousands higher than where I need to be at. Even after cutting margins to try getting the deal. 

Are most investors over-paying right now for their flips? Possibly hoping once they sell they can get a higher price due to market conditions? Or possibly NY hedge funds over-paying on everything? 

Would appreciate any insight. Thanks in advance! 

Loading replies...