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Sanity check - starting house flips

I've flipped 3 homes on my own while living in them, hiring out what I have to and handling paint, flooring, and other simpler jobs myself. All have been profitable, but I want to start doing these on the side without forcing my family to live in a construction zone.

We've just sold our home and now have $130K sitting around to work with while we rent somewhere.

Sanity check - I've read a lot on this sub and love it, but also see almost unanimous negative responses about people starting to become flippers, wholesalers or any other entry point into the market (realtor). Sentiment seems to be that if you're not established already, your odds of success are very low. Am I missing something here? Can someone explain why I'm just "late to the party" so I can't do well at it?

submitted by /u/Objective_Relief_449
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/xqcp5r/sanity_check_starting_house_flips/
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