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Updated over 6 years ago on . Most recent reply

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6
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Malica Pollard
  • Cambria Heights, NY
1
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6
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Debt and finding closing money

Malica Pollard
  • Cambria Heights, NY
Posted
Hi everyone I am new to the neighborhood. I am in Queens New York. New to real estate as well, I am an investor. Looking for some advice. I signed up for a real estate class and got into some debt doing it because I didn’t have cash. Now I wanted to try and do some business but I don’t has any cash for a closing. What could I do? Also has anyone been wholes selling in New York City. An attorney told me it was illegal. Please help!

Most Popular Reply

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7,695
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,859
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7,695
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

You need cash to do real estate. Anyone who tells you otherwise is likely trying to make money off you.

I suggest you stop these actions until you have your own cash

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