Hi everyone, so this summer I am finally ready to take action in flipping houses. I've been back and forth with starting and now after listening to podcasts, i am ready. I currently live in Austin, TX and will be moving back home to Philadelphia. I will only have about $10,000 saved up by then. I want to ask you guys the route that you would take to get my first deal. I don'r have great credit or income so I was hoping to find a mentor/partner to help me get started and learn the business. But are there any other options i have for only $10,000?
Or i can find a partner to fund the rest right? Even though i don't have any deals in my portfolio, but I feel like i can convince someone
Lets set up a time to get together when you get here or to jump on a call in advance of getting here so we can create a plan of action. PM me so we can connect.
@Justin Lee connect w/ local flippers in Philly w/ good reputation...via here, REIA meetings, Meetups, etc. After visiting 5-6 of them, see if the one you admire would allow you to invest your $10k into a deal and for you to shadow them during the flip.
Will be priceless.
All the best!
@Irfan Raza I understand what you are saying. But I mentor people for free, and our minimum investment is $50k...but for someone like @Justin Lee who's enthusiastic, we find ways to make exceptions...and I am sure if he reached out to 10 - 20 other credible investors, there will be a couple more in addition to me who like helping people.
Work with what you got man.
Join the Largest Real Estate Investing Community
Basic membership is free, forever.