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Updated about 5 years ago on . Most recent reply

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7
Posts
0
Votes
Megan Nunnery
  • Flipper/Rehabber
  • IN (indiana)
0
Votes |
7
Posts

First time buying a single family house in Indiana

Megan Nunnery
  • Flipper/Rehabber
  • IN (indiana)
Posted

Hi everyone!

I just got on to this to learn more about real estate! I am a 21 year old from Indiana looking into my first single family house to flip. Nothing crazy, but a project I can do after work. I make about 20 grand a year with my current job. I have one credit card with a good credit score. I have 10 grand saved up. I need some advice on a couple of things..

Is this a long shot, or do I have a chance to do this?

How much could I get a loan for from the bank?

I am very motivated and I would say very responsible for my age. I have been flipping homes for 2 years now with a small crew. But all of this is new for me and I know I need to do a lot of research. Looking for some advice and maybe some tips. I’ve got big goals for the future and I need to keep my connections strong.

Thank you for any help!

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