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Updated almost 8 years ago on . Most recent reply

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Joshua Buchanan
  • Evansville, IN
2
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Help with my first flip

Joshua Buchanan
  • Evansville, IN
Posted

hello everyone out there in the investor world. I have flipped a great deal by accident with home i lived in. It wnded up getting me hooked, but I feel it was lucky the way it all happened. My goal is to flip but along the way buy and hold for long term as well. Im looking for hard money to help with funding and what terms we will be working under. Also my big question as well is how well does the flipping method work all year round such as during winter and cold months. Does it become a mess trying to resell after flipping? Thanks for any feedback!

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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
2,461
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2,512
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Bob Okenwa
  • Real Estate Agent/Investor
  • Peoria, AZ
Replied

@Joshua Buchanan

Based on your location, you may want to take caution on flipping in the winter. Big piles of snow will limit how many people want to come out and check out the property and the holidays are notoriously slower than the summer months since buyers' minds are preoccupied. Also, most families don't want to move in the middle of a school year so the late spring/early summer months tend to have the most activity.

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