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Rehabbing & House Flipping

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Michael Cassidy
  • Orange Park, FL
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First time...well, anything

Michael Cassidy
  • Orange Park, FL
Posted Apr 4 2016, 09:33

Hello BiggerPockets community! Found a possible fix and flip REO in Middleburg, FL. Seems like it won't last. I know I'm probably way off as far as how I approach this, but any and all advice is well appreciated.. The SFR is just over 1,800 SqFt, 4/2, was modernized a bit by previous owner, and I am pretty certain it will be valued between 160k-165k ARV. Asking price from the bank is 114k and I'd like to pop an offer on it after I see the interior (I drove by and scoped out the exterior, using my previous skills as a licensed appraiser). Any advice on finding a quick hard money lender that does 70% ARV loans or whatnot? Or partners? I've never bought or sold, and do not have money down. My skills help me find properties, I have data and i'm just eager to jump right in.

Thank you in advance for reading this...

Michael Cassidy

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