As you look around for the perfect home to "flip", you will find it getting more and more difficult.
You are competing against old pro's who know what they are doing, people who have a lot of cash, and newbie's who don't know they are paying too.
If you think you have very little competition, think again.
at least where I am , Solano county California, there is a lot of competition.
It is not unheard of to have to beat out 15 others in your pursuit of the perfect "flipper."
Once you find the home to flip, you need to inspect it and make sure you are not getting in over your head.
I just helped a client purchase a $70,000 duplex. yes a duplex as in 2 units. The same client purchased a four-plex a month ago for $195,000.
Multi-units might be the way to go as everyone and their brother and their brother's sister is looking for a single family dwelling to flip.
Please let me know if there is any way I can assist you in your quest for the perfect "flip" and good luck!
Are you happy with the income you are making from your rentals? Or would you like more?
My client has 5 + group homes. He helps people who have had troubled lives and gets them back on their feet.
He runs a successful operation that is a great benefit to the community.
The negative is that my client does not own any of these homes.
While he collects high rents and makes a profit, he would rather own the homes.
Due to the economy being what it is, his credit is not at the point where he can buy at this time.
This is where you come in. You have great credit or maybe you have cash.
You can purchase homes for him to run and you can be partners or you can lease-option to him.
I am listing for sale the perfect home for this situation.
Please contact me today and I will give you more details as there are a lot of possibilities.
Thanks.
