This is all really dependent on where. For example, Lancaster can defer from Los Angeles like the Silver Lake area. This is also dependent on the motivation of the seller and how long a home may be on the market.
During Covid, margins have shrunk a lot. I was buying from a larger wholesaler who was selling at 70-80% but haven’t touched their deals in a year now. A van nuys condo needing full cosmetic rehab was selling for a 20-25k profit after a cheap rehab and trying to sell yourself if your an agent/broker.
normal markets we are moving into should be getting back to normal.
This is all really dependent on where. For example, Lancaster can defer from Los Angeles like the Silver Lake area. This is also dependent on the motivation of the seller and how long a home may be on the market.