Average Flip ROI?

[Justin Case]

I am wondering what the average ROI (%) for your flip is from start to sale based on how much cash comes out of your own pocket.

Thanks

[J Scott]

It depends on whether I fund the flip with my own cash or whether I leverage, but...

For cash purchases, I generally see about 25% return in an average of about 3 months, for an annualized ROI of about 100%.

For leveraged purchases, I generally see about 70% ROI for my portfolio loans (about 250-300% annualized) and an infinite return on my purchases where I use private investors (since they will lend 100% of the purchase, rehab and holding costs).