Newbie

[Santana Urias]

I'm moving to San Antonio in the next month and I'm considering doing house flips full time with no experience. I've done plenty of research online and believe im ready. I'll have about 25k in cash to invest. My question is should I consider getting a hard loan or investing in a cheap house. TIA

[Account Closed]

This sounds like a recipe for disaster. Full time with no experience? How will you support yourself if something goes wrong? These things do happen. I would suggest attending local rei meetings to network with investors. Maybe you could shadow someone with skin in the game. Also start off with a cosmetic flip and work your way up. Always make sure the profit margin makes sense. $25 is a nice down payment amount. A hard money loan for a cheap house with minor repairs/cosmetics is feasible in San Antonio. Good luck and happy investing!