What's a good return for a flip?

Bird Dogs, Wholesaling
1

Say you had 100,000 to invest in a flip. The 100,000 would include all costs -rehab, holding, selling. Say the flip took 3 months. What minimum selling price would you expect to get for it to be worth your efforts?

Or maybe I am asking wrong. What calculations do you use to determine if a flip is worth doing?

Either way, any help is appreciated.

Thanks
Jeff

2

First, why use your own money when you could either:

A-Do a contract assignment

B-Do a purchase option

Done properly you can limit your risks and not every touch your own money.

If you stick with the 70% LTV rule (not refinance value) you should do just fine!

I welcome any questions.

3

$130000, YMMV.