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Updated over 8 years ago on . Most recent reply

User Stats

23
Posts
2
Votes
Prince Conley
  • Real Estate Investor
  • Atlanta, GA
2
Votes |
23
Posts

Partner to Fix and Flip

Prince Conley
  • Real Estate Investor
  • Atlanta, GA
Posted

Been doing a little research and just purchased J. Scott's book on flipping. I have about $20k-$30k to start with. First, is that a good amount of money to start with and get a good deal done? I have pretty decent credit as well. I'm leaning towards hitting a local investor group meeting and trying to partner with someone with a little more experience. Little weary about the whole partnership thing so if anyone has any advice I'd love for you to share.

Also, is it realistic for me to think I can do $150k - $350k in gross profit a year if I don't touch/spend my initial investment and profit? Basically continue to reinvest.

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