All Forum Posts by: Michael Wever

I'm planning to obtain a Michigan sales agent license to help with my investing. Can anyone recommend a good online course provider?

All,

I'm looking for recommendations on best way to finance my first deal (fix & flip). In terms of assets and liabilities I have no debt and paid off mortgage, $25k in emergency fund and decent IRA. My target investment property would be between $50-100k and approximately $20k in rehab costs. I'm thinking conventional loan through local bank may be best option at this point but looking for feedback.

Thanks, Mike

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I've purchased multiple houses in the past and really enjoyed the rehab process. However they were all primary residences at the time. My question is what would you recommend to get my feet wet in a fix & flip business.  Should I take the plunge and invest in a non-primary residence property and essentially learn through trial by fire? Or would it be best to offer some free services such as boots on the ground in exchange to learn from another investors business?  I live in a college town (South Bend - Notre Dame) so it may be a good market for out of town investors.  Look forward to any advice.  Thanks, Mike.

Thank you all for the welcomes and recommendations. Looking forward to getting started!

Hello all at Bigger Pockets,

My name is Mike Wever and I'm from Granger, Indiana just outside of South Bend. Purchased, rehabbed, and payed off our current residence and considering fix & flipping on the side.

I'm pretty financially conservative so my intent is to start small and build up capital. I'm LEED GA certified & would like to potentially incorporate some of the LEED strategies in my rehabs if it makes financial sense in my market.

Looking forward to learning more and networking with others in my area.

Thanks, Mike