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How Much Does It Cost to Flip a House

8/28/2025

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You’ve probably seen house flips on TV that make it look easy — but they never show you the real costs

If you think flipping is just buying cheap and selling high, you might be in for a surprise

In this video, I’ll break down every major expense you should expect when flipping a house, from purchase price to the little hidden costs that can eat up your profit

💵 Purchase Costs
1. Purchase Price
2. Closing Costs
3. Inspection & Appraisal Fees

🔨 Renovation Costs
1.Cosmetic Repairs 2. Major Repairs 3. Labor Costs 4. Permit Fees

🏦 Financing Costs 1. Loan Interest 2. Points & Origination Fees 3. Holding Costs While You Own the Property

🏚️ Selling Costs 1. Real Estate Agent Commissions 2. Seller Closing Costs 3. Staging & Marketing

🚨 Common Cost Mistakes 1. Underestimating renovation time (and paying more in holding costs). 2. Not budgeting for surprises (always add a 10–15% contingency). 3. Forgetting to factor in taxes on profit.


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    Paul & Michael

    We buy and sell real estate virtually all over the United States! 

    We will cover virtual wholesaling, virtual rentals (out of state), renovation projects, owner financing, private lending, and more. 

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