Flipping houses in Falls Church, VA

[Julius F.]

Hello, 

I am still a newbie and learning, but I was wondering if anyone has every done a complete flip where the house demolished and rebuilt from the ground up? Does anyone have any experience with this and has a possible estimate as to the cost for the demolition of an old house and construction of a new house?

In my area I am seeing this quite often, but I get the impression this is for investors with tons of capital (or a bigger company). I was just curious to get others opinion on the topic. Thanks!