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Updated about 4 years ago,
Join a REIA for OOS Flip?
So I am looking to flip my first property out of state because California is too expensive and the interest rates and points are too much upfront. I currently don't have enough funding to be comfortable with a flip, so I am looking for other means to get my first flip out of the way. I know there are real estate investor associations that will provide resources like connections/possible partners/possible volunteer opportunities/etc... but there is a charge annually to join, around $200-$300 and I am trying to gauge whether it is worth it or not or if I should just wait until I have enough myself.
As a side note, if I was to join a REIA, it would need to be in the market that I want to flip a house in, which means that I need to have a market locked in. Is that too much of a limitation?
Lastly, I would love to have a quick sit down call with anyone to speak further about this, so please let me know if you would like to talk.