Over the past few years I have done lots of flips. For awhile San Diego County was the land of milk and honey,right now the majority of flippers in this price point have moved on to other county's. While it still can be done, you will need to look at areas like Spring Valley, Jamul,etc. Since there are way less to buy you are competing with all the other flippers in this price range. A little bit of needle in the haystack story.
Unless you are in the construction business you will also need a reasonable-reliable contractor. Most of the flippers have a crew put together and use the exact materials on each flip so very little has to be figured out.
FYI, you must have proof of funds that are no later than 30 days old and you must use the same name on all supporting documents - same name on deposit check, proof of funds and purchase agreement.
It's a very competitive market and you need to be ready to make an offer very fast - sometimes the same day it hits the market.
Please contact me ASAP to get started.
Kinecta Federal Credit Union (a not-for-profit direct lender) is one of few HOMEPATH lenders in the country, with a presence in San Diego.
Hope this helps!
Rene Joseph De Blanco