Buying properties - flipping - first time

[krupt]

Hi guys, I'm a 24 year old guy from London. I'm looking into the real estate game for something small to do on the side. Small for now, maybe I can build it up.

I don't know much about it - currently I'm doing research on it.

What I'm looking at more though rather than in UK, I'm considering something in Italy. Falls under EU.

I'm half italian and have close friends living in the town I am looking at.

Starting off, I'm looking at a simple 1 bedroom place in an area of the town I think isn't too pricy but still good enough so that it is walking distance from downtown and also from the university.

Basically I want to buy it then put it on rent -

Any pointers or ideas for such a thing?

[Gaulkin]

You make money when you buy so make sure you get a good deal. Call some investors in your area and tell them your a wholesaler, ask them what loan to value houses they are looking for. This will tell you how much of a discount you need to buy at to get a good deal and make some money.