Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Dale Moller
  • Involved In Real Estate
  • Marietta, GA
1
Votes |
6
Posts

Best way for Newbie/RE Agent with limited cash to compete for Fix/Flips?

Dale Moller
  • Involved In Real Estate
  • Marietta, GA
Posted

The north suburban Atlanta market has a deep pool of investors with cash in-hand chasing fix and flip residential deals, an arena in which I want to play.  Deals often don't make it to market, often going straight to said investors with a track record of closing quickly.  With limited  cash, I'd be looking to borrow funds, either private/hard money.  How would be the best way to compete against these investors and get started?  

Thanks

Most Popular Reply

User Stats

378
Posts
82
Votes
Abhi Golhar
  • Investor
  • Atlanta, GA
82
Votes |
378
Posts
Abhi Golhar
  • Investor
  • Atlanta, GA
Replied

@Dale Moller-

"Deals often don't make it to market, often going straight to said investors with a track record of closing quickly"...or to those who dig for deals differently instead of the common approach of yellow letters to out-of-state homeowners.

Also, be human and build a relationship with your seller. Strike a chord with them and make it personal. Stand out from the rest and truly communicate that you understand their situation. Also remember that "people like people who are like themselves." -Tony Robbins 

Get yourself a good HML and build a relationship, you'll be able to say the same things. And there's that word again: relationship.

The right relationships will bring you the right deals with the right money every time. 

Loading replies...