Fix N Flip to Fund Business
Hello BP Community,
I am first time flipper looking to identify an out of state market to do my first flip to generate cash for investment business rather than the buy n hold strategy. Figure, do a few Fix n Flips, stack some cash, then BRRR.
I am looking into the following markets and would like to get feedback from seasoned investors/realtors/lenders/project managers regarding the market barometer is like.
Here are the markets: Knoxville-TN, Huntsville/Montgomery/Tuscaloosa-AL, Asheville-NC, Akron-OH, Irving-TX, St. Louis-MO, Richmond-VA & Louisville-KY.
Thank you in advance!
Most Popular Reply
Richmond has experienced steady growth, drawing people in with job opportunities. Its lower cost of living has generated strong housing demand due to its proximity to northern Virginia/DC. The city has diverse neighborhoods, ranging from historic homes to more affordable areas, catering to various investment strategies. Many investors have achieved excellent returns here, making Richmond a great place to build capital for future investments. If you ever need anything, feel free to reach out!