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Updated over 10 years ago on . Most recent reply
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First Offer!
So after weeks of looking at houses, reading books and biggerpockets, researching, and learning from my newly found partner/mentor, we took the first step of going to look at our first house. It was a 3/1 sfh property in St. Peters Mo for 59k that we found listed for 1 day on zillow. The recent comps in the area were selling for 115k so it was worth checking out for a flipping opportunity. We did a walk through that night with the agent and it looked like only a cosmetic rehab which we estimated at around 7500 on the high side. We made a offer for 53k and found out the next day by text that the buyer had accepted. But then within a minute the agent responded again that she was sorry because she sent that to the wrong buyer. So we went from very excited to let down in a matter of seconds. But long story short the ride has begun and we are on the hunt for more properties to look at!!!!! The fun has began!