I'm sure more questions will develop as we move through this process.It's pretty competitive, so you'd be best off having some inside information and someone who has flipped a few in the area.

Its important to look at your metro area, but also at local neighborhoods, as they can differ quite a bit. 

There are a couple of platforms and several hard money loan funds that have lower default rates.3) loan to value: they are one of the few remaining platforms that still has loans that are under 65% LTV.

I am a new BP Pro member and have spent the last couple of months in my area looking for great deals - any of the properties worth purchasing just seem to require an extensive amount of work.

Get out to meetups in your area and meet some other investors.

Referalls from other investors, researching online and looking at reviews, and BiggerPockets suggested lenders are a few ways to connect with lenders.

I'll most likely fix and flip, but I'm also considering holding if the rental market is promising.Does anyone have experience in this area?

Quote from @Ralph Nagle: Quote from @Bob Stevens: Quote from @Ralph Nagle: What you ought to be asking is if you have the tools to flip profita ly, like the pros doing it in your area do, in the first place.

I have a MTR in an area that has a lot of travel nurses and considered this in the beginning, marketed it as both available by the room and as a whole unit.

This area is the most up foonr explosi, and buying the  notes behind it for someone that can manage that process may yield as the best investment in 2024. 5.