My first fix and flip.. what to watch out for?

[Gabriella Borukhov]

So I was offered a new western deal .. and before anyone says anything. I have read all the reviews about new western so I am aware that I should have avoided them but they made it really easy for me to understand everything and after running the numbers, the deal really made sense to me. Now I never saw this house in person, and I've never done a fix and flip before so I am quite unaware of what to look out for. I've had a contractor give me their estimate and I've worked out the lender fees. Is there anything that I need to look out for that could potentially ruin this deal? I've been saving up for a long time for this and want to minimize as much risk as possible so I would like to be prepared. From past experiences, please let me know what I need to look out for when it comes to flipping a home.