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Updated over 7 years ago on . Most recent reply

User Stats

9
Posts
7
Votes
Michael Allen
  • Glen Burnie, MD
7
Votes |
9
Posts

Next steps on first fix and flip?

Michael Allen
  • Glen Burnie, MD
Posted

I'm going to look at a property tomorrow, and I'm getting super anxious, but I'm unsure of the next step(s).

I've already contacted a HML to secure the loan. Once that's secured, then what?

- Offer on the property 

- Find a contractor, have him walk through and make sure my rehab estimates aren't too far off

- Offer accepted & close

- Contractor gets to work

- Profit???

I know I'm missing some things.

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