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Updated almost 7 years ago on . Most recent reply
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Opinions and insight on this strategy please
My wife and I are looking into purchasing our first property. We are wanting to get a distressed property and do a live-in flip.
I was planning on talking to some wholesalers in the area to find the property and then using a conventional mortgage loan for funding.
Is this a good strategy? Why isn’t it?
We are extremely excited about our new real estate adventure and due to our circumstance, this seems to be the best way for us to get our foot in the door as well as get in our very first place together this year. All comments and insights are appreciated!