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Updated over 6 years ago on . Most recent reply

User Stats

25
Posts
7
Votes
Matthew Nixon
  • Flipper/Rehabber
  • Bellingham, WA
7
Votes |
25
Posts

So What Next or what do I do first....

Matthew Nixon
  • Flipper/Rehabber
  • Bellingham, WA
Posted

Ok, so I found a house I really like in a pretty hot market. House going for about 190k, comps consistently tell me the ARV is 300k to be conservative, but closer to 350k. I haven't done a walk through with a contractor, but my guesstimate is about 45k in renovations/repairs. So I'm feeling pretty good about the numbers.

Question is, what do I do next? Do I contract the house if I'm going to flip it myself, then go to the lenders? Or do I go to the lenders, then to title company? There is a listing agent involved. We are meeting Monday, and I want to look competent lol. 

Or do I go to the meeting with contracts, contract the house while I look for funding? 

I'm really excited and don't want to let this slip past me.

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