Updated about 6 years ago on . Most recent reply
Looking for deals or partners.
I have been a contractor in the Fresno area since 1997. I also do home inspections. I am looking for partners or deals with equity. My credit score is about 750 and I have 50K in cash. I would like to do some flips until I have enough cash to brrr. My ultimate goal is to buy and hold.
My only other attempt at a flip was a fail. It was 2007 and I bought a 2800 ft² home on a 15000 in Lemore for a $125000. I put $100000 into it and had it sold for $325000 then the bubble happened. I rented it for a loss for about 3 years and then lost it in foreclosure. It took all this time for the forclosure to come off my record. The bubble was a big factor but I made many mistakes.
In these new economic times I know there will be some good deals to be had. I look forward to working with others on bigger pockets. Whether that being buying wholesale deals or partnering. Stay safe I look forward to hearing from you.