How much money do I need to save?
Hello! I am Anthony from metro Detroit area, I am very hard working welder that is tired.. lol
Right now I am currently in the process of saving. I have 5k in savings and 2k a month free. I am interested in flipping.
How much should I pool together to do a hard money strategy?
Do you suggest another creative way to fill the gap between where I am now and the void to get going on a flip?
I'm looking at homes between 40-60k (PP) and around 20-40k (Rehab costs) also in the market with 120-150k (ARV).
I have not 100% done a full analyzation of a specific property.
Thank you for reading my post. I’m not sure if there are many posts like this or not.