Funding for My First Flip
I'm looking to fund my first flip. I don't have the subject property as of yet as I want to make sure my finances are in place for the deal first. I'm looking to make a net profit in the range of 6-8k with a hold time from close to close of about 3-4 months. In all honesty, I want my first five flips to be reputation builders. I'm not looking to make a fortune (early on). I'm more concerned with generating good returns for my financial institutions and investors than a profit in the early going. I'd like to generate trust on the little projects before moving on to the big ones sometime after my first 8-10.
My credit score is hanging around 700-720*, I have steady income of around 35k/yr, and I have a decent amount of experience cost estimating and general construction.
Please let me know if you are interesting in investing in my objective of starting my REAL ESTATE EMPIRE.
Thanks to all who at least consider my request.