Updated over 7 years ago on . Most recent reply
Hey! Newbie... What are you looking for in your first deal?
My current mode is to buy distressed, repair to conventional funding standards, and unload quickly at a discount so that the buyer will have immediate equity and possibly continue improving the house to maximize returns or place a tenant for cash flow.
But perhaps I'm missing the mark.
If you are a first time buyer looking for your first home to invest in, what is important to you? I look forward to your enlightening responses!