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Updated over 7 years ago,

User Stats

218
Posts
27
Votes
Paul Fagot
  • Wholesaler
  • Redding, CA
27
Votes |
218
Posts

First timer need advice on how to start flipping!

Paul Fagot
  • Wholesaler
  • Redding, CA
Posted
Hello BP community, I've been wholesaling for a little while now and I want to get into the flipping business. I understand the numbers and what to look for but this would be my first flip and the problem that I think I'll have is getting access to the funds because I'm a (newbie) and 22 but I have around $25,000 and excellent credit to put towards the funding. I'm thinking maybe a hard money lender would feel more comfortable if I found a deal with just cosmetic issues to start out to get some experience and build on from there rather than buying a big project but also have an experienced flipper who'd walk me through everything with a flip that'd be a huge help for me I think! Any suggestions or advice? How does or what ways does a brand new investor get into the house flipping business?

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