Rehabbing & House Flipping

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Ronald Fontenot Jr
  • Contractor
  • Houston Texas
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Offers accepted for my first deals!

Ronald Fontenot Jr
  • Contractor
  • Houston Texas
Posted Mar 23 2023, 20:32

Everyone keeps saying "just do it", so I did. Made 10 offers over the past week on some SFRs and found out today that two were accepted. (My first deals ever) Looks like these will be fix and flips to try to build up my cash reserves to move on to some BRRRRs. Got into them both well, so I'm in no fear of losing money and got them both off the MLS. Now the fun begins!

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Andy Sabisch#2 Rehabbing & House Flipping Contributor
  • Investor
  • Wilkes-Barre, PA
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Andy Sabisch#2 Rehabbing & House Flipping Contributor
  • Investor
  • Wilkes-Barre, PA
Replied Mar 24 2023, 02:53
Congratulations . . .as they say the first step is the hardest and you hit a home run with two properties.  See you are a contractor so you have the inside track on the flip / reno work but remember not to over improve and eat up your profit.  As you go through the process, feel free to post any questions so the BP family can try and help you avoid some of the potholes most of us have found the hard way.  Best of luck!