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Updated over 9 years ago,

User Stats

9
Posts
5
Votes
Ricardo M.
  • Cranston, RI
5
Votes |
9
Posts

New Investor in Rhode Island

Ricardo M.
  • Cranston, RI
Posted
Hello all, newbie investor here from Rhode Island. I've completely fallen in love with this community and the endless amounts of information that it provides. I plan on delving into fix and flips via hard money in 2015, my goal being 4 flips in total for the year to start off. I've read both great books by J Scott so I'm more or less familiarized with the process, however I do have a question. I have $20,000 towards this venture, is that enough? If not, what would be the appropriate amount of funds needed? Bear in mind that I plan on doing each flip one after another, not simultaneously. Thank you guys in advance.

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