Looking for first deal

[John Cervera]

My father and I are looking to get started doing some flips. Our starting out strategy, for now, is to find extremely low priced homes we may be able purchase and rennovate with mostly cash. Which puts our target home hopefully under 30k.

My question/concern is- will an agent even want to work with us to help us locate these deals? Any feedback greatly appreciated.

[James Dainard]

There should be an agent working almost any deal to help you get going!

If you're having trouble getting an agent to work with you, you can consider partnering with them on a deal to show them that you're serious.

You'd be better off leveraging the cash you have on hand to take down something with a bigger equity position/swing to it. If you can use a down payment assistance loan or a low down owner-occupied loan, you can keep your cash on hand for a renovation and keep the house as a rental.

Best of luck!