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Updated almost 10 years ago,

Account Closed
  • Investor
  • Denver, CO
3
Votes |
14
Posts

What do you think makes a reputable Flipper?

Account Closed
  • Investor
  • Denver, CO
Posted

Are you an investor who finances flips? Are you a flipper who received financing from investors? In either case, what factors help to build credibility as a flipper?

The obvious answer here is a history of successful flips. Are there other things people look for? Are there things a newbie can do when they don't have a flip under their belt yet?

To get the convo started, here is a list of potential factors. Which of these things increase or decrease credibility? By what magnitude? 

- History of Successful Flips

- Flipper is financing part of the Flip

- Flipper has an LLC

- Flipper has website / business cards

- Flipper has "team" in place

- Education/experience of Flipper / Team (not directly in flipping)

- Network of flipper

- Gut feeling about the competency of the flipper

- Documentation of the numbers for the deal

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