Updated about 12 hours ago on . Most recent reply
You guys helped me $40,000 on a Fix and Flip Thank You!
Hi friends,
I just made 40k on a flip. Very blessed.
I jumped in based on guidance and DM's from people on this platform, so I thought I'd stop to say THANK YOU and dig deeper.
Purchase price 215k
Rehab 60k
Holding costs...
Sale 350k
I loved the process and felt alive again doing the project.
Where do I go from here?
I want to do this bigger and better. I also have investors who are happy to finance projects and go 50/50 on the proceeds.
How do I find good deals quickly? In a market with good turnaround?
How do I scale this to 5-6 annually?
I live in South Florida, do I need to stay local, or can I do this out of state?
Where can I lean more about this?
I'd also like to BRRRR at some point but looking to build equity flipping first?
Is that a good strategy?
All guidance and feedback is much appreciated.