Ideas to lower risk on first house flips?

[Daryl Arias]

Can anyone care to share some ideas on how to lower the risk (even if it means to lower the possible reward)? Thanks

[Chris Erwin]

@Daryl Arias I would team up with an investor that has experience in flipping houses if this is your first. In my opinion it's better to split profits with someone that brings experience, than to potentially risk doing something that might cause you to not be able to make money at all, or even worse lose money.