Updated almost 10 years ago on .
Have what I think would be a great flip! All I need is partner!
Hello biggerpockets family! I have find what I believe to get a great flip, the house is currently HUD owned so it way under market value. The property itself is located in NC, I live in Clayton and only a few minutes away from the actually property. It's in a good location with all the local schools having a good or great school rating. No HOA dues (from the research I have done so far). The home only needs cosmetic work done no major fixes like foundation, roofing or and etc. I believe we could flip it and profit $15,000 to $30,000 (my profit number isn't exact because I believe with it being a HUD home and with it being listed for a while we could buy it under the listing offer which would be great because we will gain instant equity at purchase.) I was going to do a live-in-flip on this property but since this would be my very first step in real estate investing I figured I would try to get a experienced partner instead. So if anyone is interested in doing this flip with me contact me on here and I will give you more information and the numbers I have come up with as well to give you a better idea of this investment.