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Updated about 9 years ago,

User Stats

8
Posts
3
Votes
Marty Reardon
  • Four Oaks, NC
3
Votes |
8
Posts

financially making the deal

Marty Reardon
  • Four Oaks, NC
Posted

i have been looking, studing, talking with different investors, reading the hype about all the great deals and success stories believing that an honest effort as an honest man would prove honest result. very frustrated with hearing "we cannot help you with this investment, the purchase amount is too low for the amount of fees," "our minimum loan is $50000," or " you need to forget that market" because the realtor is not making enough profit off the sell. I hear about the leverage gained in real estate yet i cannot even get cash out money against a property i own outright to use on the purchase of new deals. Sorry to sound so immature but it is hard to see how the system works for some people yet i can't seem to get a break. Where are the institutions that help make America work. Even the hard money lenders require more control than the banks do. Someone please open my eyes and steer me in the right direction. The only new property I have purchased was with cash but i cannot fund every deal that i am finding with cash. It is a hopeless feeling! Even Trump had help getting started.

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