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Updated over 2 years ago on . Most recent reply

User Stats

77
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34
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Jerome C Brown
34
Votes |
77
Posts

use to wholesaling trying to become cash buyer

Jerome C Brown
Posted

so i have been doing pretty good wholesaling i am closing deals but the spreads arent that big but i am closing an getting deals there are alot of properties where i am that are going for $5,000 as an need little to no repairs and i am in a landlords market can anyone help with how to get some financing so i can purchase these properties an fix them up like how do i get a loan just for that i have a llc and i have some deals done but not enough capital... i dont want to let these properties go. an i dont want to wholesale them either . my credit isnt that good though 659 please help with advice 

Most Popular Reply

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2,618
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Scott E.
  • Contractor
  • Scottsdale, AZ
2,994
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2,618
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Scott E.
  • Contractor
  • Scottsdale, AZ
Replied

1. Save more money

2. Work on improving your credit (not necessary for some loan products but will be good to improve that score

3. Spend some time working on your communication. I'm not trying to be the grammar police here but the way your post is written with a long run-on sentence and no punctuation is not good. If you are going to be asking hard money lenders for fix & flip loans, you need to have your communication dialed.

4. Be patient. There is no rush. There are deals today. There will be deals tomorrow.

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