Looking a Fixer Uppers to flip or live in

[Oscar Chirinos]

Hi guys its me again, so Ive posted on here before at looking at some properties in the northwest and northeast suburbs of chicago primarily mchenry, kane and lake county and I have basically been contemplating some ideas

My goal: To get a fixer upper property and fixed it and flip it (maybe live in it for a couple months to a year before i sell it, depending on how the market is going)

Financing options

Credit Score: 745 (last check last week- transunion)

Cash: 25k

Possible Heloc: (My property in Utah was appraised at 265k, I owe 200k on it so thats a possibility to tapping into some of the equity)

Any ideas as to where to go and who to talk to to find some fxer upper properties, i know a lot of people dont like to give away their "secret" but it be nice to find some really cheap properties off market and try to get some quotes from different contractors to try and make my first flip.

Thanks so much guys again for your help!

ALWAYS GLAD to be a part of this forum is AMAZING

[Sam Amir]

Honestly, there really aren't any secrets that you aren't aware of. The way most people find off-market deals for cheap is by networking, knocking on doors, sending letters, looking at foreclosures and auctions.

So, 

-Go to REIA meetings and start meeting people. Don't meet people to use them, but to actually genuinely meet them

-Drive around and look at dilapidated properties. Find the owner through public records. Send letters. Knock on that door

-Grab your local newspapers/magazines/online site and look at foreclosures in the area

-Lastly, attend city development and planning or townhall meetings. Get involved in your community. When people ask what you do, say you're a real estate investor. You'd be surprised how many people have an aunt or uncle that's trying to sell their property.

Good luck my man, deals are out there, you just gotta hustle