Are there any investors out there that can give me some advice on flipping.I'm right in the middle of possibly my first deal.I had a contractor look at the home and he's evaluating repair costs as I type this and then he'll email me the results.I have a possible lender online who i will split the profits with but he seems sort of sketchy.I have no money to put down on a hard money loan that most hard money institutions require.I heard that i can put together a loan package including the profits to be made from the deal and possibly find a doctor or someone that has that kind of money and offer to split the profits with them 50/50.What makes this deal so appealing to me is that i already have 2 people who want to buy it as soon its finished. And i could make 15,000.Any help would be priceless.thank you
__________________
ANY FOOL CAN CRITICIZE,CONDEMN AND COMPLAIN AND MOST FOOLS DO.
BENJAMIN FRANKLIN
Are there any investors out there that can give me some advice on flipping.I'm right in the middle of possibly my first deal.I had a contractor look at the home and he's evaluating repair costs as I type this and then he'll email me the results.I have a possible lender online who i will split the profits with but he seems sort of sketchy.I have no money to put down on a hard money loan that most hard money institutions require.I heard that i can put together a loan package including the profits to be made from the deal and possibly find a doctor or someone that has that kind of money and offer to split the profits with them 50/50.What makes this deal so appealing to me is that i already have 2 people who want to buy it as soon its finished. And i could make 15,000.Any help would be priceless.thank you
ANY FOOL CAN CRITICIZE,CONDEMN AND COMPLAIN AND MOST FOOLS DO.
BENJAMIN FRANKLIN