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Updated over 10 years ago on . Most recent reply

User Stats

59
Posts
35
Votes
Eric B.
  • Engineer
  • Seattle, WA
35
Votes |
59
Posts

what kind of flipping roi is everyone acheiving?

Eric B.
  • Engineer
  • Seattle, WA
Posted

Socially ran into the managing broker at one of the local realestate office.  He thought beating a 25% cash on cash return that we are gettibg in buy and hold with flipping locally would be hard to do.  That suprised me.   I know all markets are local and everyones approach is different.  I would do alot of work on a flip myself but my carry cost would also be greater.  I just wouldn't be much interested in a flip if I couldn't doubble my money.  What do you think?

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