Ready to Invest but...

[Philip Coiro]

Hi BP Community! I am a licensed contractor on Long Island and want to start flipping. I have a decent savings along with a HELOC thats open and ready, both combined giving me $150k, the remainder of funds needed would come from HML. I am working with one very experienced friend/RE Agent that is guiding me and helping look for the right property. Problem I am having is that the market on Long Island is so expensive and even when a good opportunity does come along I can't seem to compete with other bidders who are truly all cash. There's actually a seemingly good property I'm currently after and I can't even get the agent to call or text me back.

I am reaching out to more agents and going to a business networking breakfast next week to try and meet some people that might be able to help find a project. I am also looking in other markets where I have more buying power (Pittsburgh for example). I've been looking for my first deal for months and clearly need to try a different approach, any tips would be appreciated.