What is a better flip strategy? (in Baltimore, MD)

[Yonatan Dolan]

Hi all,

We are delighted to found BP community! and have read some great blogs and materials, like J Scott books.

We are two brothers in our early 30's coming from Jerusalem, Israel !

We are about to start our REI venture in Baltimore, MD on April 2016.

We are focusing only on house flips in our first stage of business.

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We have equity of 280K and we will begin to work with it with no financing.

We are contemplating whether to do:

• 1 flip with our all amount; 280K (includes PP, rehab, fix costs) ARV 350K~


• 2 flips simultaneously; around 140K for each. ARV 180K~
We would love to hear what you think !

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We have found zip codes 21206 and 21207 as good farm areas for our 2 flips for around 180K~ ARV.

We have found Patterson park area to be interesting for our 1 flip of 350K~

- What do you think about this areas? Would love to hear your opinion!

Any other recommendations for farm areas we should check out?

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Thanks all !

[Ned Carey]

I would do one flip at a time at first.  I wouldn't use all your money at one time the  first deal out. Rehabbing is a risky business. You wouldn't want one deal to go bad and wind up taking both deals down.  You will learn a ton on your first deal. Use that knowledge to decide how to proceed and grow.