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Updated 8 months ago on . Most recent reply
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Investment Opportunity in Property Flip
As a novice in the real estate investment field, I am embarking on my first property flip project. I have identified a promising property that has great potential for a successful flip. After thorough research and initial assessments, I estimate the rehabilitation costs to be approximately $250,000.
The property in question has been carefully evaluated for its potential return on investment, and I believe it presents a unique opportunity for profit. I am committed to managing the project diligently, ensuring that every aspect of the rehabilitation process is executed with precision and efficiency.
I am open to discussing various investment structures and terms that would be mutually beneficial.
Additionally, if anyone can share any lenders who specialize in financing first-time flippers, I would greatly appreciate any connections or recommendations.
Thank you for considering this opportunity.
Most Popular Reply
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Not to be ugly at all... I wouldn't start my first flip with this much rehab. That's a big project for anyone to take on. There are so many things that could and will go wrong. Start with a 40k or cosmetic rehab to start and grow from there. A project like this can put someone under really quick
- Julie Muse
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