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Updated over 7 years ago,
just starting out need honest advice
Hi guys I am 23 years old from CT, Im currently working full time as a bank of America security supervisor while holding my real estate license on the side. I have decided to save 80% of all of my commissions to be able to save up to invest in RE. Ideally I want to start out with a single family flip, and plan to use a hard money lender (unless someone has better advice). What I want to get out of this post is advice or even suggestions for goals to get to that first flip. What I mean by that is how liquid I should get first before going after my first flip. for those of you who may not be sure on the CT market, I will probab;ly have to spend between 90-130k for my first flip not counting renovation cost. Please any and all advice is much appreciated guys!