why dont flippers want this house?

[Account Closed]

i have a house under contract but it is an hour away from most of the buyers.  all of my buyer connects say that they are not interested either because it doesnt have enough meat in it or its an hour away from where they live.

150k ARV and i can assign it for 80k. put 30 grand of work MAX.... how many other costs do you add into that?

anyways, even if you were just making 15k profit why wouldnt you do it? i would definitely drive an hour or two or even 4 hours to make 15k

[Ellis San Jose]

It usually boils down to 2 reasons why properties don't sell.

Price or Terms

If there was enough money in the deal someone would drive an hour away from their farm. Each person will have their own threshold.  For example, they might be able to make $15k spread all day long in their farm with less risk. So they may have a rule that says. "Any deals outside my farm of a 1hr radius, there needs to be at least 25K in net profit.