Looking for my 1st Property for a Fix & Flip In New England

[Robert Vardaro]

I am in the construction industry mainly working on commercial real estate projects for the past 7 years. I have been looking for opportunities for a while now for a fix and flip to start building capital to eventually build up a rental portfolio. I have the availability to put down $75k to $125k of capital for a deal and I'm flexible on the location. The preference would be anywhere within an hour or so drive of Woburn MA but I am having trouble finding deals that pencil out. The market is extremely hot around Boston/north of Boston so I continue to expand my search area but I am getting into markets I don't know very well. I'm looking to see if someone has a step by step process for finding finding the right market/deal or really any information on what sites/resources to use as I search. 

[Andrew Freed]

@Jonathan Greene - Thanks for the introduction!

@Robert Vardaro - My team and I are happy to see what is out there if  you are looking in Western Mass. We are investor focsued and specialize in and around the Worcester market and given your price point, that may seem like the best fit. Are you looking for a single family flip, multifamily? Given your capital, it sounds like you would have to go hard money so they can cover the renovation of the property. Happy to jump on a call and see how we can help you find something that makes sense. 

For next steps, I would highly recommend you get in contact with a hard money lender and get your lending in place so you can start making offers. At that point, it is simply determining how many properties you need to walk each week, making offers (you do not need to offer list price, you offer what makes sense) and eventually you will find a deal. It's a numbers game and the more shots you take, the higher liklihood you will find something that makes sense.