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Updated about 10 years ago,
House caught on fire
My goal for 2015 is to land my first deal. Not necessarily sure which way to go, but I think I had an idea that I'm seeking guidance on. We were visiting some friends over the weekend, and across the street sits an empty house that caught on fire about a year prior. I asked my friend what was going on with it, and he said it sat with very little work being done on it. My questions for BP are:
- Is a house that caught on fire, and very little work being done on it a good start?
- If so, how would I get started?
- Is this a good example of flipping?
Sorry for generic questions, I'm still new enough that I am not fully sure how to get my foot in the door. Thanks for any feedback!!!!