New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Brand New and looking for Advice!
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..