I don't have any experience in rehabbing and didn't want to wait six months for a fix and flip, I thought I would try wholesaling it.

Training is an investment, just like a house except you're the investment.....Now, on the flip side of things.... there's TONS of free information out there.

I am in the middle of the mortgage process to buy a live in flip (170k purchase, arv 260k+) and i have the opportunity to get a Private mortgage for 60k @6% against a rental that's free and clear.

The slope is very heavily felt in the entry/living room but the bedrooms and kitchen have very little slope so I am guessing it will still be a very decent rental.The current owner bought it for $43,300 to flip, had it under contract at $103,000 and again for $96,000 this year but both fell through due to inability to find financing.

You man not know all the steps to flipping or to BRRRR-ing a property but as long as you know one or two steps in front and have a resource you can go to for the next few steps, then take action.

That's great advice Theo, I would say this is an investor with 20 buy and hold deals but only 2 fix and flips that were done in the past 5-7 years.

I doorknock on a regular basis and have several leads for flips but no team in place yet.

I have been contemplating flipping my first house for the last year, but I have been a bit scared of jumping and not knowing what the challenges will be.

Investment Info:Single-family residence fix & flip investment. 2600sqft 3 story brick home. 4 bedrooms, 2 bathrooms, huge yard with 2 car detached garage.Turned into a 3 bedroom, 3.5 bathroom amazing refinished woodwork house with a touch of modern finishes to bring the old and new together.

Hold or flip?