First time flipper in Washington

[Scott Grover]

First flip is on the market right now, and already looking for the next one.  I bought my first foreclosure at the auction in February 2015, entirely on borrowed cash and hard money, and funded the rehab with borrowed money.  It took 2.5 months to evict the previous owners, but when I finally took possession I got help from some contractor friends, and it's on the market now for a decent profit.  I learned a lot during the first one, but always remain cautious and aware that there are many ways to lose in this business.  Don't assume that every property makes a profit in every market condition.

Love listening to podcasts like Investfourmore for tips and encouragement.  That's also where I heard about this site.