Has anyone ever invested in an investment property? If so how did it work out? My friend wants to start flipping houses with me.
It depends on a lot of factors.
Your deal making skills
Your skill set
Who you know
Your time availability
Your risk tolerance
Your trust level with any partners
the bottom line is can you get the job done in a time frame that does not diminish your investment.
Time is money when flipping.
Are you prepared to rent it out if the flip is not successful?
Good luck. It’s not as easy as it looks of TV.
I have been doing this for a couple of years now
If you like give me a call