Updated over 9 years ago on . Most recent reply
Flippers, what's the bottleneck of your flipping business?
There are so many moving parts in a flipping business. For every deal you do, you need to find the deal, analyze it, purchase it, manage the rehab, and market it.
Based on my limited experience with flipping, finding good deals is really limiting what I can do. The next hurdle I see would be to come up with the funds to finance the deals. Seattle is not a cheap market, you can hardly find any SFR below 200k. However, I am more concerned about finding deals than finding money. I believe good deal is the key, money will follow.
To all flippers, what's holding back your flipping business from growing to the next level?
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Finding dependable and affordable contractors!