I'm looking for fix and flip professionals in the South King County Area of Washington State.
I am coming across wholesale deals that I have to pass on with other investors due to my inexperience with fix & flips. I am willing to split profits with another investor who can guide me through the process of fix & flips as well as the financing aspect of the deal.
How would I expedite the process of learning it takes for me to learn all the aspects of fix & flipping?
I think your best bet to find someone to partner with would be at meetups. It is kind of hard to expect experienced people to partner with a new person they haven't met personally. Attend meetups and talk to people and form those relationships. That will lead to finding your first partner.
Thanks for the information. I see you live in Renton, I am actually reside within the city limits as well!
Do you attend the REAPs meetings in Bellevue?
I haven't made my way up in that area yet. I meet at a few in South King County. I go into Seattle once a month to a meetup, but the rest are in South King County.
I started working for a local developer doing single-family flips & new construction, and now work for a multifamily syndicator founded by previous Pinnacle employees- small world! I just completed my first personal flip and don't have near the experience of many on this site, but would be happy to grab a cup of coffee or happy hour with you to understand your goals and offer any help I can. I live in SE Seattle between Columbia City and Rainier Beach, so pretty close to Renton.
Best of luck either way!
I would be interested in seeing the deals that you have. If the deals are good, the financing is easy.
I can assist in the following capacities:
1. I can buy your wholesale deals if the numbers make sense.
2. I can help you get the financing for your own projects.
3. I can renovate the houses for you with my construction company.
4. I am a real estate agent if you need one.
@Pete Perez Thanks I would be interested in a Meetup in south king county. Pierce might be a bit too far for me...
@Timothy Grothuesmann I'll reach out to with the next project I get under contract.
I will PM you links to Fannie and Freddie guidelines. If you purchase cash, can demonstrate source of money used to close and document all repairs you are eligible for a cash out refinance within certain time limits up to 75% of appraised value; not to exceed the money you have invested although that is up for discussion. Take time to find a bank/broker first if your want financing to carry transaction.
@Account Closed Sounds good. I'll look into the matter.