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Updated almost 10 years ago on . Most recent reply
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Best way for Newbie/RE Agent with limited cash to compete for Fix/Flips?
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
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"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.