Updated almost 5 years ago on . Most recent reply
First time flipper in need of advice!
So my wife and I have an unusual opportunity, and I want some guidance on what would be the next best step to take. We purchased our home about 9 months ago and with the turn in the market we have the opportunity to sell our home for a roughly $40,000 profit. We've been passionate about becoming real estate investors (house flippers) for some time now, however, we felt like we hit a wall not having any substantial cash to offer. I have a construction and carpentry work history, and my wife is currently working on obtaining her real estate license. We are moving to North Carolina if we sell our home and will be flipping there. We want to find a cosmetic flip, something we can get in and out of quickly and I have the skills to do it. We are very serious about this next chapter in our life but aren't sure what the best route to take would be with this $40,000. What type of funding would be smartest? Who should we be talking to? Any and all input is greatly appreciated!! I'm your sponge so give me all the knowledge your willing to give! Thanks in advance!
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I like your name... is it pronounced "sti vin" or "steh fehn" LOL