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Itching to pull the trigger!
Hey peoples,
So I've been looking to do my first flip for a while now and I believe I have found a deal. I've ran the numbers countless times already and have reach out to a few hard money lenders. At this point I guess I just need some confirmation from an experience investor in the area as to whether or not I have something worth investing in. I don't know if just wholesaling it would be the better option over fixing and flipping it due to the fact I personally don't have the repair funds. I can try contacting a lender who funds rehabs along with the purchases but I also don't personally have the 10-15% money down required for both purchase and rehab loan either. I'll find a way to get what ever is required to attain the loan if the deal is indeed the opportunity I've been looking for. I'm just needing some guidance. Are there any local experience investors that can help? Anything would be greatly appreciated!
P.S - I'm located in the Phoenix area.