Are you thinking about doing more buy and holds or fix and flip then sell?

With the help of our mentor we compiled a new build, single family, and are closing on a flip soon.

I don't know if this is a recent trend that's come about with the rise in popularity of laundromats, but I've noticed more "fix & flip" situations on the market - mats being sold by owners who have owned for 1-3 years and put some significant improvements in.

I have a stunning 5-bedroom, 5-bathroom, 4,300-square-foot single-family home in Cleveland, MS, that I’m looking to sell. The challenge is, I’m not familiar with the local market—or the Mississippi market in general.
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Thank you all for your inputs and help...I'm a wholesaler and do fix and flip as well as rental so I'm familiar with doing my due diligence...

Co-founder of Visio Ltd, operating a real estate investment fund across 48 states dealing in distressed single family homes sourced from financial institutions and sold to fix & flip and buy & hold investors. $100 million equity & debt managed.

I'm excited for the opportunity to be apart of the community with BP, I reside in the state of Virginia and started my investment journey many years ago at 22 doing fix and flips, I stopped when the market crashed in 2007/2008 and didn't like the way the market looked and I left the investing world, I became a mortgage loan officer, and then processor and later underwriter and learned the backend of the conventional lending world.

But if you are looking to buy and flip, you could see substantial returns.

Looking for guidance on options. new builds aren't hard to finance and I would argue they are preferred to existing fix and flip loans, especially if you have experience. banks look at your experience, your builder's experience, loan structure, permits, etc you need to get an experienced builder familiar with advanced underwriting and negotiations with local, regional, and national lenders. in columbus we do ground up construction for clients at a 20% discount so they can BRRRR out of the new build with equity and we have pages and pages of data on what we build and why and it's all supported by market statistics. 

However, before we start developing, we want to first do several flips to get experience working with contractors.