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Updated over 6 years ago on . Most recent reply

User Stats

11
Posts
0
Votes
Eric Cucullu
  • Rental Property Investor
  • Picayune, MS
0
Votes |
11
Posts

Would this be good for a first flip

Eric Cucullu
  • Rental Property Investor
  • Picayune, MS
Posted

After making out well with my home (80k invested including purchase of home now work 147k) I am now looking to do my first fix and flip. Of course being my first one I am nervous.

I am trying to get opinions on if this would be a good house for a first flip. My plan is to offer 60ish. Should give me room to work with to do a lot of changes (which it needs). Looks like houses in the area that are smaller but newer are for sale for more and they aren't right on the lake, but I can't see what has actually sold and for what price. 

Link to house 

https://www.zillow.com/homes/for_sale/Pearl-River-...

Some things that worry me is that its quite a distance from any cities. There is a town not to far away but figure just the nearest Wal-Mart is like 30 minutes away. 

Open to thoughts/suggestions.

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