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Rehabbing & House Flipping

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62
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15
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Jamal Atwell
  • Real Estate Agent, Real Estate Investor
  • Arlington, VA
15
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62
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First Flip, too expensive?

Jamal Atwell
  • Real Estate Agent, Real Estate Investor
  • Arlington, VA
Posted Mar 4 2014, 18:08

Hello BP!

I'm in the process of trying to get out of analysis paralysis and actually jump in to some house flipping. Unfortunately homes in the DC area are ridiculously priced unless you invest in "at risk" neighbors in SE DC for example. Which leads me to my question...

Is it not recommended to invest outside of your area if you're new ? I could afford to flip homes in baltimore or richmond but they're both in excess of 2hrs away...

Does anyone have any recommendations for how to get my foot in the door?

Invest in DC with a hard money lender?

Invest in Baltimore or Richmond?

Give up ? (Just kidding)

Thanks for anyones input!

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