How did you buy your first flip
Just starting out, Plan to do my first flip this year. But still no clue for where to start out.
Could anyone be so kind to share some experiences on your first flip?
Questions are, but not limited to:
From what source you got the property.
How did you choose the Neighborhood that you would like to work on.
What are the price range.
How did you funding the project?
How much did you pay for remodeling.
How long did it stay on market until sold?
What is the margin it turned out to be?
What was the most important lesson you learned from this first property.
Thank you!