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Updated over 8 years ago,
New Construction Flipper
Hi Folks,
I am Andres Verney from Orlando, FL. I just signed up with BiggerPockets and would like to introduce myself to the team.
I am a Licensed Builder and Roofing Contractor in Florida and started building residential spec homes to flip... or hold. Initially my partner and I thought of selling because of ignorance on finding funding sources to refinance our deals. Now we are acquiring great contacts on Private Money and some banks who may be able to refinance our projects for build and hold... which is our preferred exit strategy.
My whole life mission at this time is to create enough passive income to quick my full time day job. I plan to achieve that goal by the end of 2017.
My opinion is that New Construction Flipping/Holding is the best strategy for today's market. We have significantly less competition and better profit margins than rehabbing.
I welcome anyone interested in learning more about my strategy and what we are doing here in the Orlando, FL market.
Comments and suggestions are always welcome as long as they are constructive.
I'm excited to join this group and look forward to helping you achieve your financial goals.
Andres Verney