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Updated almost 9 years ago on . Most recent reply

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Kevin Shaw
  • Richmond, VA
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2
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Starting out...

Kevin Shaw
  • Richmond, VA
Posted
Hello BP, I am a hopefully soon to be house flipper. I am very interested in the single family quick flips, and have been in and out of working for people that do it. I have a good understanding of good areas in my richmond Virginia market to flip, a background in residential construction, and $15000 of my own money to start. My problem is what type of loan should I look into, as my tax's don't look very good but my credit is wonderful. Also, what's a good way to approach private investors? I know a few. But I'm guessing I need a plan, or what to give back to entice them to want to invest. (Any suggestions or strategies?) I have also spoke with a current flipper that I Might hire as a consultant. Need to get this ball rolling and ur suggestions drive me as I feel lost in the dark often.

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