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Updated almost 7 years ago,
New from Oklahoma City
I am new to this site and am looking to get involved with buying homes from auction and flipping. While I don't have any experience with it, I have done plenty of reading and learning, but I feel like it is time to actually get my hands on a project. I do have an initial question that hopefully can get answered.
I am going to need a financial investor. From a financial investor's viewpoint, what kind of information do I need to have in order for you to be interested in getting involved in a home? I know the basics such as after renovation value, projected renovation and purchase costs. But with auction homes the final cost is obviously in the air and renovation costs are hard to pinpoint. So basically, as an investor, what information do you need from me?
Thank you for any and all responses,
Eric