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Updated about 6 years ago,

User Stats

56
Posts
14
Votes
Stephen Bennett
  • Contractor
  • Raleigh, NC
14
Votes |
56
Posts

First time flippers in need of advice.

Stephen Bennett
  • Contractor
  • Raleigh, NC
Posted
My wife and I are going to flip our first property in the near future. I am 28 with a history of carpentry, remodelling, and heavy machinery operations. My wife is great with people and is working toward obtaining her real estate license. She will be testing in a month or so. With my knowledge I am confident in the rehab but with the finances I am a bit in the dark. We have about 10k saved up and growing. A combined line of credit of about 10k, and decent credit. What direction should we move toward with finance? Who should we talk to/reach out to? We are both veterans as well. We will be moving to Jacksonville FL in June and hope to start flipping. Thanks to everyone who comments, your feedback is greatly appreciated!!

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