Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 almost 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...