first time investor/203k fha

[Jody Roussel]

Hello Everyone

Im a newbie in CT looking to begin her first flip! I'm looking into REO homes to purchase, rehab and possibly occupy for up to 3 years prior reselling. (tax incentive)

Although there will be instant equity if I keep purchase price and rehab cost at the margins no greater than .6-.7 % of estimated ARV, are there any suggestion experienced flippers have to offer? Which circuits do you browse for the tri-state region properties, do they still hold local court house auctions?

Thanks so much :)