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Updated almost 7 years ago on . Most recent reply

User Stats

29
Posts
18
Votes
Robert Chen
  • Westchester, NY
18
Votes |
29
Posts

Looking for my first flip!

Robert Chen
  • Westchester, NY
Posted

Hi BiggerPockets CT Community.

I recently moved from Rhode Island to work at a company in Trumbull CT. I own 2 rental properties in RI with OK returns but the time it takes to recoup the down payment for rentals is just so long and I want to grow faster. I have been really looking into flipping near where I work so that I can check on it easily. 

Looking at the different ways to recoup investment and grow faster, I think flipping is the right strategy. I am currently pretty tight with cash on hand but I was surprised I could pull in investors and could possibly put together 100k. Could someone suggest me some loan officers that could work with me on flips? 

Also, in your opinion, what is the type of product most popular in near the Trumbull area? 

Thanks for any feedback!

Most Popular Reply

User Stats

4,752
Posts
4,036
Votes
Jerryll Noorden
#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
4,036
Votes |
4,752
Posts
Jerryll Noorden
#2 Marketing Your Property Contributor
  • Flipper/Rehabber
  • Wilton, CT
Replied
Originally posted by @James McCard:
Originally posted by @Jerryll Noorden:

Flipping  is where the money is ma man.

Dude I love your sites - me and my girl have been looking to get into flips. You are a huge inspiration.  

 Oohhh competitors!! Love it!! We are about to do 2 flips. One in Putnam and the other in Stafford springs. Pretty close to Hartford. If you want drop by I can show you how we flip the houses. No better way to learn than bugging and bagging someone that is on a current flip :))

  • Jerryll Noorden
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SEO For Real Estate Investors
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