Newbie on first deal in Massachusetts and looking into the next.

[Christopher Leslie]

Hi, my name is Chris Leslie.  I am currently working on my first deal.  It began as a live-in flip expected to go for 1.5-2 years but may become a rental down the line if I can come up with funding for my next deal without selling.  I read a couple books and always do my research, but as I learn more and really get into this I've learned it may not have been the best deal out there.  It doesn't fit a lot of great rules I've learned recently from religiously listening to the BiggerPockets Podcast.  The area seems promising for appreciation and I would like to hold onto it if I can.

My goal is to build a strong team to and move onto my next deal using the lessons learned from this first experience.  Whether I flip or build value and hold onto a property, is a question that remains unknown until I come up with a more detailed plan.  I have many of the bases covered for my team but the missing piece is a partner or lender.  In the position I'm in, I can bring zero cash of my own to a deal.  The thought of leveraging my house has arisen but I don't believe I have the equity.  What I do have is a lot of drive, a great critical thinking and creative mind, and building experience.

A little background, I am 25 year old with an engineering degree.  I fell into construction and that's where I've learned a lot of skills.  I was a project lead on residential remodels but recently moved to a job in commercial construction to free up some mental bandwidth to be used for my own endeavors.  I plan to obtain my contractors license once my current project slows down.

I've learned a ton form BiggerPockets already and I am looking forward to learning much more and networking.

Profile picture coming soon. 

[Christopher Leslie]

@Bonnie McCullough

I appreciate the input.  I received some intel from a family fried who is currently a student there, and it aligns with your insight very well.  Regardless I don't get a great feeling about that area.  I think I'll keep it on the radar but slim chance I will do any deals there.