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View Full Version : Do you think you can still flip in today's market?


bwiley
03-01-2008, 10:35 AM
Do you think it is possible to still make money flipping houses in today's real estate market?

Norcalkid
03-01-2008, 01:58 PM
I know a few people who are still doing it and making money. They say it is a lot harder now.

bwiley
03-01-2008, 03:58 PM
I flipped a house before the market went crazy, but now I am a little apprehensive about flipping again because I don't want to hold the property for 6 months

Codythebest
03-01-2008, 05:06 PM
You can flip houses at anytime. You make the money when you buy.
So, before you had to buy at 60% or 70% of FMV to flip. Today, you need to hit the 30% or 40% of FMV to flip...

mjgiorgianni
04-08-2008, 02:13 PM
You can flip in any market no matter where you are. The question is, what LTV or value does the home have to be at in order for you too?????