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Updated about 9 years ago on . Most recent reply
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Looking to Buy My First "Quick Flip"
I have some private money available and the "lenders" are requiring that I find a quick flip (or several) to raise some capital so that I can get into buy & holds.
I really don't know where to look.....I usually count on Craigslist but in Miami it seems that everything on there is already being flipped or "wholesold" and is above market value.
Should I market the same way I would as a wholesaler? Should I buy from wholesalers if the spread is large enough? Should I use a realtor? If I buy something to flip do I NEED to repair it first? Is it better that I repair it first?
I'm just feeling kind of lost because I'm so used to just wholesaling....any advice is greatly appreciated.