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6 October 2016 | 7 replies
I am beginning to get my ducks in a row to start searching for real estate properties to start my first fix and flip and am looking for trusty, reliable contacts to provide deals in my desired areas.
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4 October 2016 | 4 replies
Please feel free to contact me if I can help any further!
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10 January 2017 | 9 replies
If you have questions, feel free to contact me.
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7 October 2016 | 12 replies
@Abdul Azeez, I think that the problem is that you are stacking the deck against yourself trying to do all of these things on your first deal:1) Purchasing the property from an online auction site / bank, which is notoriously tricky even for the experienced investor, due to their proprietary contracts and minimal due diligence period and strict deadlines.2) Working with a new contractor that you haven't used before, or seen their work before, and who may not be used to dealing with investors.3) Trying to get conventional financing on a property that has a short closing time and where the mechanical systems cannot be tested.4) Working on your first deal by yourself instead of partnering with a local investor who can guide you along, or at least a mentor who you can turn to with questions.My advice is to make it easier on yourself by considering buying a property with a standard contract and longer due diligence period, network with local investors who can provide you contractor contacts and also some guidance, and consider using private financing or hard money instead of bank financing.In my opinion, buying from the online auction sites is a more advanced strategy that you can use once you are able to ballpark construction costs yourself and/or you have a trusted contractor you've worked with before and/or you have private financing or hard money set up so you can close fast and/or you can purchase the property without interior access and hope to get lucky in terms of condition (but still buy at a price where you are comfortable doing a full rehab if necessary without losing much money) and/or you are familiar with agreement of sale contracts and closings in your state so you can assess the risks of using the bank's seller-friendly contract.You're already doing the right things by asking questions on this forum, and taking action.
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3 October 2016 | 14 replies
Contact me directly and I will give you a name to call.
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3 October 2016 | 3 replies
hi @Alex Ballasjust like any industry, it takes time to filter the good and bad contacts.
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12 October 2016 | 8 replies
Sometimes trying to give too much info is ain't worth it.
17 December 2016 | 2 replies
If you ever get some info on such a group, please feel free to pass it along to me.