Hi everyone, long time lurker and first time poster
I’ve been thinking for some time now about getting into real estate, specifically the flip and sale of distressed properties. I have a long history doing maintenance in the multi-family industy with a focus on renovations so I’m not new to dealing with distressed and damaged property and making it look new again. I’ve also flipped a couple investment houses for my old boss for considerable profit into his pocket.
The biggest setback that has prevented me from investing in flipping real estate has been my lack of funding for the flip and knowledge about the pruchase and sale of such properties. Though I have good credit (above 700) I have very low savings. I also have no idea how to find distressed property, or find the funding to purchase and flip it and need advice in these areas. Thanks in advance for any advice you guys can offer and feel free to ask me any questions.
-Owen