Originally Posted by jasonp

Matt its pretty much dead in the south now for house refurbing, ive been at it for 3 years and it is good money, well only if you live there like i have. 40% on 30k profit is not a lot of room for a house that cant sell or if the market drops. Ive been looking since november and i havent seen anything with more than 20k profit and paying 40% for you on that would not be worth it.
Just make sure what you buy has a decent mark up otherwise steer well clear. I looked at a house yesterday and it was up for £175k, found out they only sell for £200k max finished and it needed atleast 20k worth of work. And that was a house which hasnt gone on the market yet so i recon it will sell for well over the asking price