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Updated over 8 years ago on . Most recent reply

User Stats

26
Posts
7
Votes
Veronica Helms
  • Mount Holly, NC
7
Votes |
26
Posts

Brand New and looking for Advice!

Veronica Helms
  • Mount Holly, NC
Posted

Good afternoon all!

I am brand new to BP and the only thing I have invested in the Real Estate market is time and research. I am a motivated individual that is tired of being disappointed at the lack of money I make at my 8-5 healthcare job. My father has been in the remodeling business my whole life and flipping houses has been a topic of most conversation recently.

I am interested and even more determined to fix and flip houses in my local market! However, being young and inexperienced has me feeling a little doubtful and all I have been doing lately is doing endless hours of research, and burying my head in blogs and forums instead of starting a conversation of my own. And frankly, I NEED ADVICE!

1. Do I need to become a "business" or can I simply be in the business of "fixing and flipping"?

2. How and where do I find lenders? I have tapped into my local REIA group and plan to attend a few meet ups; thoughts?

3. I personally know and trust the GC I plan to use but he says he will not pull permits in his name, only in the homeowner/businesses name... is this smart? safe?

4. Any keywords worth saving/looking for when searching for lenders?

5. What are good resources to find properties?

6. ANY GENERAL INFO THAT IS WORTH KNOWING THAT I KNOWWW I AM NOT ASKING?

not sure how BP works but here are the areas I hope to do business in:

Charlotte, nc Belmont, nc Gastonia, nc NODA Plaza/Midwood

Northlake Coulwood Mount Holly, nc

...for now.

The sky is the limit, I just need help clearing the clouds!

Thanks for viewing and commenting!

Veronica

PS, I have posted this EXACT discussion on the REHAB category if you by chance see it again..

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