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Updated over 9 years ago on . Most recent reply

User Stats

6
Posts
2
Votes
Carrie Miller
  • Investor
  • Wheaton, IL
2
Votes |
6
Posts

New member from Chicago (Western Suburbs) Ready to flip!

Carrie Miller
  • Investor
  • Wheaton, IL
Posted

Hello BP members!  My husband and I are ready to take the plunge and are interested in purchasing our first fix and flip.  We recently gut rehabbed our current home with a 203K loan, loved the experience and have the itch to do more.  I have 8 years of realtor experience under my belt but gave up my license a few years ago to raise my kids.  They will be in school full time starting in August so I'm ready for a full time commitment for something I love to do.  

Specifically looking for single family flips in the Western Suburbs of Chicago.  I have spent many hours reading books, forums and listening to podcasts.  Our biggest hold up right now is finding money....we would love to team up with a private local lender if possible if not hard money will be the route we'll have to take.   If anyone has any insights on this we'd love to hear from you!

Best of luck to everyone here and looking forward to a new adventure:)

Carrie

Most Popular Reply

User Stats

298
Posts
261
Votes
Nnabuenyi Anigbogu
  • Chicago, IL
261
Votes |
298
Posts
Nnabuenyi Anigbogu
  • Chicago, IL
Replied

Hi Carrie,

Welcome to Bigger Pockets

I am currently in the same boat as you and looking to take the plunge on my first flip. One route i suggest is to go to some meetups in your area. I know i have run across some in the western burbs that seem nice. Im currently networking looking for potential partners since my capital is low.

How are you going about looking for deals? From what i understand once you find a good deal, money is much much easier to find.

Wish you good luck and i hope to see your success stories soon.

Take care

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