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Updated about 5 years ago,
Real estate agent for first time live in flip.
I am currently renting in Memphis, TN. My fiancee and I have saved a sizable amount of cash that would allow us to purchase a 200K property on a conventional loan and have about 25-30K leftover to fix up the house. We have a timeline of about 7-8 months before we need to be moved in. I've been studying real estate investing for the past 6 months and it's definitely something I want to pursue. I believe a live-in flip is solid first step on actually putting into practice how to analyze a deal, negotiate, and renovate while mitigating risk regarding holding cost and other factors. If I google realtors near me then I get a huge list obviously and it can be a bit overwhelming. Is there a way to narrow the search of agents without having to call and ask each one if they have any experience in investing etc? Should I get an agent that specializes in auction/foreclosures or even just finding houses that require a good amount of sweat equity? Thanks for any help or recommendations.