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All Forum Posts by: Chris Capone

Chris Capone has started 2 posts and replied 5 times.

Post: Hello Guys and Gals!

Chris CaponePosted
  • Posts 5
  • Votes 3
Quote from @Account Closed:

 I have a lender that actually offers 0 points and 7% interest.

Those are very attractive terms is this for first timers? only seasoned pros?

Post: Looking for Opinions

Chris CaponePosted
  • Posts 5
  • Votes 3

Thanks Andy, appreciate the feedback! 

Post: Looking for Opinions

Chris CaponePosted
  • Posts 5
  • Votes 3

Appreciate the insight Michael, makes a lot of sense 

Post: Looking for Opinions

Chris CaponePosted
  • Posts 5
  • Votes 3

Hi flippers!

I am looking for feedback given a choice where neither option is super appealing.

For a fix and flip strategy, would you rather:  

A) a rural property

B) a property in more of a downtown/city setting

thanks in advance

Chris 

Hi, 

I am a new investor moving into the fix and flip space in CT. The market is suuuper competitive currently. For example I put an offer in last week that I thought was pretty solid and found out I was the 2nd lowest out of 16 offers! To date I've put in 5 or 6 offers for "on market" properties, and haven't even received a counter offer back. 

I am currently exploring networking with wholesalers, networking groups (both in person and online), county sheriff sales, marketing to off market preforclosure owners, looking for FSBO on craigslist, and FB marketplace.

I'm wondering if there's any other resources I should be using/researching to find out how to win in markets like mine, any suggestions? 

or better yet any CT flippers here that know what I'm talking about? and how have you overcome the competition? 

Thank you in advance, I look forward to any and all feedback.