Rehabbing and House Flipping In Arizona vs California

[Jenifer Janniere]

I live in Southern Califorinia but I am interested in doing my first flip in Arizona. I have a reliable project manager in Arizona will skilled workers, I’ve contacted a RE agent, and I’ve been preapproved for $250k. I am currently researching and analyzing properties in AZ and would appreciate the feedback of anyone who has done a out of state flip in AZ. How was your experience and is it a “better” market to do my  first flip compared to CA? FYI: I have no money; my next step is to find and investor for the down payment on the home. 

[Shiloh Lundahl]

@Jenifer Janniere So if I understand your post, you want to do your first flip out of state, you have no money, and you want a partner to come in with the down payment. This might be a hard sell. Lots can go wrong with your first deal, especially in a different state. If you have no money, who takes the loss if the property doesn’t perform as expected or if you end up hiring dishonest people who take your money and then take off?