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Updated over 6 years ago,
Aspiring ChicagoLand Flipper, Ready to Learn More
Good Morning All!
My name is Paige and I am from the Chicagoland Area. I am 26 and I am finally ready to take a step into real estate, and I have to say that it is quite intimidating. I have begun reading the Beginner's Guide, but I would love some more feedback as I go through this process. I have an extreme interest in flipping houses, I know that this process is not as lavish or easy as they make it seem on Flip of Flop, but it is a challenge that I feel I'm ready to take on. I have a current income of around 45K a year and I want to flip houses in the suburban areas of Chicago.
I guess my questions to you all here is how easy (or difficult) is it to get funding for flipping projects starting out with no experience? How did you pursue your own flipping process? First flip common mistakes? And finally, I plan to move to Houston (not set in stone) by this time next year, would it be best to wait, study more, and pursue a flipping career in Texas or would Illinois be better? What were your very first steps in entering the real estate flipping business?
All comments are appreciated!