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Updated about 8 years ago on . Most recent reply

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5
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Naomi Berrios
  • Haines City, FL
0
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5
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Needing help with loans in Orlando Area

Naomi Berrios
  • Haines City, FL
Posted

Hello! My husband and I are new to investing. We plan to start flipping houses as soon as I have everything mapped out. 

One area I find confusing is financing the flip. I keep seeing, reading,  and hearing about using conventional loans since we have jobs, but then I read that you have to hold onto the houses. Why would they suggest it then? 

And so now I need to change strategies. But I don't know of good private lenders or hard money lenders in the Orlando area that are good. I've Googled a few but would prefer references, or maybe someone on here would like to invest. 

We have a great plan in the works and are open to partners. We have very good credit just not much to put down yet. I'll take any and all references, ideas, tips, etc. 

Most Popular Reply

User Stats

8
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3
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Ty Nacsa
  • Columbia, SC
3
Votes |
8
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Ty Nacsa
  • Columbia, SC
Replied

Hi Naomi Berrios !

I was there a few months ago.
When it comes down to it after all strategies we got ,with financial backup can't move forward.
If you can't find private lenders or even if you find one its going to be hard to keep it because we haven't done any deals yet.
I fallow almost everyone in the market today and the best I find is Josh Cantwell freedom lending.
He is expensive but he is willing to work with newbies .Its a $1K lifetime refundable gives you access to 500k per property and proof of funds for wholesaling.

Check him out,he also give out 10 bonus classes and ton of good info.

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