I’m going to start searching for my first deal, and i’ll be doing a flip
i’m not sure if i should work with a realtor for my first deal or find it miself with a wholeseller or from a news addvetisment…?
can anyone who is experienced in rehabing please give an advice of what i should do…
an as a new invester, do you advice me to sell my property with a realtor or a sell by owner?
i’ll be searching in the area of rockford IL.
i have everything to get started ;D
thank you!!!
wesk
Why not use both methods?
Keith
Right on Keith. Let’s make this an “and” conversation instead of an “or”. Whatta ya think??
Jared 
thanks Keith and Jared
you guys have done any rehabbs/?
about how long dose a property take to have it sold (is there a different period of time varing from location or not )?
wesk
I have done a handful of rehabs on a part time basis until I went full time in 2005. As far as timewise it varies. I have had a house get an offer the 2nd day on the market, and one that the listing expired after 6 months. I have a house now that has been sitting for 3 months during the slow winter season, and one now that should be another quick offer once it is ready in a few weeks.
I buy, rehab, and hold. I’ve never had a personal residence last for more than 30 days, though (…and I’ve had a bunch over the years!).
Keith
I am newer to rehabing. I have done one property and am working on another purchase. I have found that working through a buyers broker can have its advantages. Mine is an investor too. He is also a mortgage broker which helps me some financially. I know he is just working for me not the seller when I am purchasing. He will also sell my properties for 4% commission rather than the usual 6-7% because he will not do any open houses or extra advertising. However he will list on 2 different local MLS. I have the advantage that he has people coming to him to buy rather 8) than to sell also so hopefully if I do business with him regularly he will keep my properties in mind when he has someone looking to buy. Gracie