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Updated about 1 year ago on . Most recent reply

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4
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Jamie Foster
2
Votes |
4
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Looking for potential flip in north Dallas metro

Jamie Foster
Posted

New real estate investor looking to find our first flip. We are looking to purchase between $200-$375k for a 3/2 or 3/3 that needs renovation and in an area that we could increase value. Our goal location would be somewhere in the Dallas metro area.

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96
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56
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Ali Radoncic
  • Real Estate Agent
  • Dallas, TX
56
Votes |
96
Posts
Ali Radoncic
  • Real Estate Agent
  • Dallas, TX
Replied

@Jamie Foster How far along are you in the process?  Have you built a team yet?  Deal flow, investor friendly lenders, investor friendly contractors, and a good retail agent that could sell your finished product?

Its good to narrow down your market (Dallas is big)  I suggest picking 1-2 zip codes that you are very familiar with (maybe close to where you live?) 


Your entry price estimate of 200-375K is very reasonable in my opinion and really opens up your menu of options.

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