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Updated about 9 years ago on . Most recent reply

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Carrie Barrette
  • Shrewsbury, MA
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Show me the money!

Carrie Barrette
  • Shrewsbury, MA
Posted

Okay, so we are all ready to flip houses and excited... or we were... then we started to try to figure out the money thing. 

How did you get started flipping with little? We have great credit, but not a lot of capitol. We wanted to fix and flip, so...? Go!

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Jake Thomas
  • Residential Real Estate Agent
  • Grand Rapids, MI
689
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803
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Jake Thomas
  • Residential Real Estate Agent
  • Grand Rapids, MI
Replied

Live in flips are the easiest way to start in my opinion. We did 2 before we ventured out into anything else. We gained experience, slowly raised capital and had two years to do the renovations on the house. Money doesn't just appear, it takes time. You can go the hard money route but they usually want to see experience or proof what yo are flipping is really a great deal with potential. This ins't as easy as watching a TV show then going out any doing it. Real Estate takes time. 

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