Starting Out / Flipping houses

[Donald D Michna]

I am new to REI, I am looking to purchase my first house. I am recent college graduate that has some money saved up. I currently live in Racine, WI and am looking to relocate to Wausau, WI. I would first be sure to have a comfortable paying job before moving. I would like to find a house in the low $30,000s. I have enough money to pay for the house in cash. I would like to fix the house up and flip the house. Is this a good strategy? What are the benefits of buying the house with cash vs a mortgage other than the saved interst on the mortgage. Is there anything that I am missing or should look into more? Any information would be helpful or any people in the Wausa area that would like to connect would be much appreciated.

Thanks,

Don Michna