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Updated over 5 years ago,
What is the best strategy when you can only afford D properties?
Hey Guys,
I'm fairly new to BP and have been listening to a lot of the podcast episodes and so far I know that most people say to stay away from the D properties. and I get it. They suck, but, I'm ready to jump in and buy my first flip. I keep getting out bid on the few C properties I have liked and made sense money wise. I can comfortably afford most of the D properties I see in my market. My wife says she believes in me but doesn't want me to waste our savings and stretch ourselves too thin with a project that will produce little results. Winter is coming, should I hold out and see if something better comes out when the market starts to slow down? I've mostly been looking on the MLS. again I know its not the greatest for finding deals but, it seems to be the most reliable place that i currently find houses for sale. I've sent out a few letters to abandoned homes in my neighborhood but, with little luck. What are some good strategies when D properties seem like the best option?