Do you typically buy homes to flip even if it needs a new roof?

[Kevin G.]

Hello everyone,

I am new to the house flipping business and have just started one with my partner from work in the Bay Area, CA. We are struggling to get offers accepted on homes and find properties that need a new roof or have mold/pest issues. We have walked away from several homes that needed a new roof, but I am starting to think that may have been a bad idea.

To experienced flippers: would you typically flip a home that needs a new roof? Do you calculate the cost of the roof repair and lower your offer based on that?

The homes in this market that just need cosmetic repairs are going way over asking, and we are getting beaten out easily.

Thank you for any help!