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Updated over 6 years ago,
Growing House Flipping Business
Just put my first flip on the market! My goal timeline was 3 months which turned into 9 months! My ARV actually was a lot more than amI anticipated BUT we went a little over budget. I hired out some of the projects to subcontractors but did majority of it myself. Needless to say I learned a lot of lessons and what to do/what not to do.
My wife and I have been using equity in our home to fund our flip(s). We are about to start a few renovations to our personal home and sell. My ultimate goal is to have a successful house flipping business and start investing in multi unit rentals.
For those who are currently succeeding in the flipping business, how would to recommend my wife and I to grow our business to where we are not limited to one house at a time? Best way to fund that growth? Any specific person to hire and what skills they would have to have?