Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

226
Posts
51
Votes
Jared Carpenter
  • Specialist
  • USA
51
Votes |
226
Posts

First Flip Starting Point - Seattle

Jared Carpenter
  • Specialist
  • USA
Posted

Hello friends and BP World - 

So here is where I am at: I have been reading and studying and reading and studying and am at the point where the next step to learn is to just jump in. I want to do a flip to begin with, followed by a BRRRR, and then another flip. This process will allow me to build up enough capital to begin to think about creating a diversified RE portfolio, inclusive of wealth preservation, flips, and rental properties. I am focusing on the Seattle-Tacoma area as these homes are more in my price range. I have a bit of capital that I can tap into, however not enough to cover the 50k-100k price of the home. I believe I need to pursue some hard money lenders - could anyone shed some light to a newbie as to how this process works, what I should be looking for, or recommend any lenders? Also, would anyone have any knowledge of reputable contractors in the Seattle-Tacoma area? Lastly, if anyone in the community has a flip business they are running well - I would love to assist and add value in any way possible, kind of like an apprenticeship. I have an incredible focus and work ethic, paired with a finance and analysis career background which I feel can create tremendous value in this industry.

Any feedback, positive or negative, is very welcome.

Thanks!

Loading replies...