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Updated about 2 years ago,
How much are y’all trying to make on your flips? $250k ARV homes
I know it's easy to get hung up on the 70% ARV minus reno costs guidelines… but when you are going for volume, it can be tough to find enough "homerun" deals.
At some point, I believe you are better off taking the doubles instead of passing and waiting.
So, when selling lower end homes around the $200-250k ARV mark, how much should you be reasonably looking to make on these flips? $20k? 30k? 50k?
Thanks BP!