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Updated about 17 hours ago,
New to the U.S., Experienced Renovator Looking to Start House Flipping
Hi everyone,
I’m new to the U.S. and excited to start my real estate journey! I recently moved from France, where I spent 8 years running my own house renovation business. I’ve handled almost every aspect of renovations myself—plumbing, tiling, painting, drywall, and general construction. The only thing I don’t do is electrical work.
Now that I’m in the U.S., I want to focus on house flipping as a way to break into real estate investing. I currently have $20K to work with and would love to get advice on:
1. Finding the Right Deals: What’s the best way to find undervalued properties or fixer-uppers in my area (Philadelphia)? Should I focus on off-market deals, auctions, or foreclosures?
2. Financing Options: With 20K, how should I approach financing? Would hard money loans or partnerships make sense for someone like me?
3. Building a Team: While I can handle most of the renovation work myself, I’d need an electrician and possibly a real estate agent. Any tips on finding reliable professionals in my area?
4. Market Insights: Are there specific neighborhoods or property types in Philadelphia that I should target as a beginner?
If anyone has been in a similar situation or has actionable advice, I’d greatly appreciate it!
Thank you