TIP FROM A PROFESSIONAL HOME FLIPPER

Thinking of buying and  flipping a home?  Here is a tip from a professional home flipper that has done very well for himself:
Flippers should buy a home for no more than 65 percent of the market value after repairs.  If a house is worth $100,000.00 after its renovated, and it requires $10,000.00 in work, the maximum price an investor should pay is about $55,000.00.