The first Fix and Flip when starting

[Dodie Egolf]

Hi Everyone,

   Since I am new and just starting, can anyone tell me what type of rehab house to get for your first fix and flip when you haven't done it before. I have one house that is needing a total all out rehab. The next has just a few things needing to be fixed like new kitchen and carpets. Any suggestions? 

[Dodie Egolf]

I don't have a team yet, I'm just in the process of trying to get funding. I'm waiting for a few places to call me back. I can do this full time so I will be out at what ever property I get all the time learning what I need to learn. I have an art degree so I'm so excited to get started. If it takes me a little time i'm ok with that. I have a list of contractors to call when I get the ok. Everyday I'm looking for deals so if I don't get one of these I'm sure I will have more to choose from. I think the short sale is also a foreclosure. I ran some numbers and even if I buy the property for $135 I would still make what I want with a chance to make a little more depending on what the costs are for fixing. The calculator on here is awesome, it gave me some great info to center my project around. If I could get the funds for both I would but I can only choose one. Since it will be my first just wondering on which one to take and run with.