Updated over 9 years ago on . Most recent reply
Starting out...
Hello BP,
I am a hopefully soon to be house flipper. I am very interested in the single family quick flips, and have been in and out of working for people that do it. I have a good understanding of good areas in my richmond Virginia market to flip, a background in residential construction, and $15000 of my own money to start.
My problem is what type of loan should I look into, as my tax's don't look very good but my credit is wonderful. Also, what's a good way to approach private investors? I know a few. But I'm guessing I need a plan, or what to give back to entice them to want to invest. (Any suggestions or strategies?)
I have also spoke with a current flipper that I
Might hire as a consultant.
Need to get this ball rolling and ur suggestions drive me as I feel lost in the dark often.