Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Remmoy Hewling
  • Newark, NJ
1
Votes |
3
Posts

Purchasing my first property to flip HELP NEEDED!

Remmoy Hewling
  • Newark, NJ
Posted

Good Afternoon

Hi, I’m new to the community and looking for my first flip. I do not intend to buy and hold as I think at this point in life I’m not looking for the security of passive income as I’m more interested in learning the “game” both good and bad and not having my funds tied. I’m located in the NYC area, but unfortunately, I do not think I will able to find any deals in my city because of rampant real estate prices. I’m looking for any properties in NY, NJ, Philadelphia areas. My budget is about $50k on acquisition of the property and about $100K to rehab the property. I’m looking for all ANY advice on how to proceed with my first flip, such as auctions or people or places in general I can acquire the first property. Thanks in advance. 

Most Popular Reply

User Stats

394
Posts
310
Votes
Stephanie Jacobson
  • Real Estate Agent
  • Syracuse Binghamton and Ithaca, NY
310
Votes |
394
Posts
Stephanie Jacobson
  • Real Estate Agent
  • Syracuse Binghamton and Ithaca, NY
Replied

@Chris K. is right, your budget would ABSOLUTELY work in Binghamton. Please let me know if you'd like to check things out here!

  • Stephanie Jacobson

Loading replies...