Driving For Dollars in Nashville

[Dominique Jones]

Me and my business partner went driving for dollars today... We saw a few abandon house today n wrote them down... and we visited a few neighborhoods to see where we want to start investing... 

We have not done a deal yet but we think we will start with flipping... maybe wholesaling.. we keep changing between the two...

Should we start wholesaling or flipping first?

[Kevin Phu]

What does your financial situation look like? If you are able to get financing to buy a property and fund the rehab then flipping wouldn't be a bad idea. You also have to consider your experience in estimating rehabs costs and all that jazz. If getting funding is going to be an issue, I would lean more towards wholesaling them and using those small profits to build capital for future projects.