Down payment help fix and flipping!

[Jonathan Norris]

I am new to the game and currently reside in Lancaster, CA, Los Angeles County.  I am looking to begin fixing and flipping homes in my area.  My biggest obstacle is finding money to give a down payment to receive a hard money loan.  I need to get my feet wet, but can't seem to break into the game.  I spoke with lenders that said lets try again next year but for me that is not an option.  The game begins now.  Can anyone provide me any advice on locating private lenders and/or lenders that will provide 100 percent of purchase and rehab costs?  Thanks in advance.

[Evan Polaski]

@Jonathan Norris, finding a capital partner will be your best and fastest route.  Head to networking events, join FB groups and generally try to meet as many people as possible.

My concern is "the game starts now" or general lack of patience. I get this is exciting, and I am all for taking action today versus sitting idle, but the worst deals you do are the ones that you are hungry to get into. Flipping is simple math. The purchase price is the only variable. You cannot change the ARV, you cannot change the scope of work and cost of that work. So if you get impatient to do a deal, you will overpay and can very quickly lose money. (I am oversimplifying the math, but you get the point).