First time poster from Pittsburgh, PA

[Paige Rockaway]

Hello BP community!

I'm Paige Rockaway and I'm new to real estate. My fiance, Ryan, and I recently did a flip in Montgomery, Alabama (we lived there for a couple years) and have now relocated back to Pitt (where we went college) and are looking to flip ideally in the suburbs. Previously, I worked for Sherwin-Williams and he worked in state government - he switched careers and I'm in the process of switching, but not into real estate full-time. We thought of flipping as a creative way to make money for our wedding - but then decided why not keep doing it? So here we are looking to do our second deal. 

We're looking to buy our second single family property by March. Previously, we did an interest only loan which was good for a year then the full amount is due. We're currently in the process of finding a lender friendly bank since the bank we used in Alabama is regional. 

We loved the work that went into our previous flip. We hired a contractor do the work on the inside and outside of the house, while we did the landscaping ourselves. We actually weren't aware that for FHA loans, the property can't be resold before 90 days (rookie mistake) and had to actually rent out the property for a couple months while the couple who bought the home was waiting to be pre-approved, which gave us some landlording experience as well. It wasn't 100% smooth sailing, but much smoother than the horror stories you hear. I didn't even tell my parents that I was flipping a property until it sold and I knew we made a profit because I wasn't going to tell them if I lost any money.

Look forward to reading the posts on here and getting to know people! Love the podcast!!!