Fix-and-Flip to get started in Real Estate Investing

[Kierna Mason]

Hey Everyone,

I live in east Tennessee in the Smokey Mtn. region where the market is pretty affordable (primarily looking for homes under 100k). I moved here a couple of years ago and have been studying the market ever since I moved, but this past year (especially the past few months) I've been really researching real estate investing and I'm ready to get started!

I'm currently looking for the best way to "get my feet wet" and I thought buying a fix-and-flip home may be a good way to do that and use the profit as a downpayment toward my first rental property. Since I don't have a lot to put down, I would like to partner and use hard money to cover purchasing and the reno cost.

I wanted to know from those who have experience with flipping homes and partnering some of the pros and cons of utilizing these options. I am open to all feedback and am looking for as much advice as possible.

Thanks!