First Deal - A Flip!

[Owen Mitchell]

Hi Guys New Investor here after starting the Bootcamp (waaay behind) I changed my strategy to a Fix n Flip. Started reading the Book on Flipping Houses by J.Scott, super informative. For my market I want to invest in the Raleigh area. Want to pick out my farm area starting w/ Garner, Knightdale, and Clayton. I have 80k for a down payment, so a total budget of 400k. Any other flippers do deals in those areas? If not which areas did you chose? 

- Thx a lot in advance 😁

[Chris London]

@Owen Mitchell

I drove by these 2 when I was checking out a different property in Holly Springs last week. More work than I'm into but I walked the lot, it's right next to downtown and I see a lot of upside. They are 61 DOM and the owner keeps dropping the price. *I have no connection to any of these properties.

221 W. Hickory Ave Holly Springs & 225 W. Hickory Ave Holly Springs

I manage properties in Central Durham and see a lot of opportunities here as well. The neighborhood is rapidly gentrifying, next to a university and walkable to downtown where they are now putting up multi million dollar condos.

Check out:

1000 Juniper St Durham

1212 Dawkins St Durham