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Updated almost 6 years ago,
Newbie from southeast Texas looking to start flipping
Me an my husband are new to this, have been thinking of doing it for years but just didn’t know where to start. He is a contractor and I help him on some remodeling jobs that we do for friends an family etc...
We have found what we think would be a good flip but have no idea what the first step is that we need to take. Contact agent for a showing? Get a private money lender then go to the agent with an offer? We think the price is too high considering the work that needs to be done but not sure how to go about doing the offer. I read these forums religiously everyday and I have the books and the deal analyzer and all that, just not sure of the steps and what order. Can anyone give advice please? I’m also currently in a real estate class for my license and we don’t have the start up money is why I’m also looking into a private lender.