Updated about 2 years ago on . Most recent reply
Starting out, green as could be!
First post, ready to buy my first fix and flip. Is anyone gracious enough to give me any advice on where to start. Got on the distribution list from a few local wholesaling companies...
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Hey Katie, the top two people you need to have on your team starting are your realtor and lender. I know you don't want to pay the extra 3% commission to a realtor, but they can really save you from investing in a below-quality neighborhood and help reduce your days on the market (saving you with financing costs). They are also a really great source of deal flow and a great resource when you are just starting out.
The second person you need on your team is a lender. Just make sure their products align with your investing strategy, and get a feel for their guidelines so you can edit your boy box with your realtor so you do not waste your time chasing down deals that no lender will touch.