Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 over 9 years ago,

User Stats

102
Posts
84
Votes
Jarrod Frankum
Pro Member
  • Wholesaler
  • Lubbock, TX
84
Votes |
102
Posts

Getting funding for a flip for a beginner.

Jarrod Frankum
Pro Member
  • Wholesaler
  • Lubbock, TX
Posted

Hello. I am college student, graduating in December with a mechanical engineering degree.  Outside of my college loans, I have no experience with getting bank loans, hard money etc..  I do not have a credit card, nor any credit built.   I am researching properties and am curious exactly what I should do to approach someone to fund the loan.   I am familiar with how the BP flip calculator works, so I know I could use that to as some credibility to show how a flip could be profitable to a lender.   At this point I feel that my only barrier is just getting my first deal under my belt.  

I would of course appreciate links to forum posts/podcasts, as those are helpful to some degree, but as far as practical advice, what are some steps I should follow after I have found, viewed and inspected a potential property?

  • Jarrod Frankum
  • Loading replies...