Fix and Flip

[Charley F.]

I am a first time investor with a property that will be rented in a few days. I joined this site and I am very exited about the amount of information as well as the knowledge people have here.

After reading about fix and flips I have a sense of urge to learn more and maybe jump into it with a small property to start out and test the waters.

So here are my questions:

- In the current market, what do I need to know to fix and flip?

- Is it common for a group of friends to raise money and buy property together?

Thank you in advanced...