@Ella Marie, I can't speak on behalf of your market, but in my respective market, competition is tough, and the successful fix-and-flip vendors are often full-time operating businesses.

We have a flip property right now in the northeast area and 1 STR in lexington.

Hey Gene, for your situation, you probably need to get a fix&flip loan to acquire and do the renovation.

As a general contractor, i feel best suited for fix and flip or BRRR method investing.

Fix-and-flips and new builds are always exciting!

For flips, ensure the profit margin after all costs is at least 20%-25%.

Is anyone flipping in a market where this is "average"? 

Turnkey, buy-and-holds, flips, or something else?

Hard money and private investing are both ways to finance flips, but they work a little differently.Hard money loans are typically from companies or private lenders that specialize in short-term, high-interest loans.

Congratulations to your continued success.That said we would like some guidance on crafting a contract where we would partner with contractor to go in on a flip together.