How to get Cheap property for Flipping

[Oluwakemi Oyebade]

Thanks to you all for sharing value adding advises.

Please I'm trying to get cheap property to rehab and flip; can you advise a reliable source to get this.

Also want to know if i can use HELOC and other source to finance the above.

Appreciate your anticipated advise

'Kemi

[Andy Sabisch]

Quote from @Eliott Elias:

I have one in Killeen for 55k 

Back to my initial response to this post . . . . $55K is cheap but if you fix it up and it is worth $75K, is it worth the squeeze?  Cheap is a poor lead in to a flip question . . . . the question should have been "How can I find properties that support a "buy-&-flip" approach.  I live in the XXXX area and plan to (do most of the work myself / contract most of the work out / contract all of the work out).  I have $XXXX available from (a HELOC, LOC, HML, personal reserves) that I can put into the deal.  Ideally I would like to see a XX% return on this project.  What sources have you found that can help me find likely candidates for a flip approach?"

This type of question allows BP members to provide some specific details rather than generic info that may or may not apply to the initial poster . . . . .