Am I expecting too much? Please help!

[Stephanie Dobbs]

Hello All,

I'm looking for a legitimate lender who will provide 100% of purchase price as well as construction costs (which will equate or be less than 75% of ARV). I am new, but have partnered with an experienced Investor who has been flipping houses for years and has buy and hold properties as well. Does anyone know where I should look to obtain this, or am I reaching too high? Also, the property will be located within Prince Georges County, Maryland (or PG County) which is right outside or alongside of Washington, DC.

Please assist.

Regards,

Stephanie Dobbs

[Richard C.]

The $300 you saved this month would probably pay for a real estate agent class.  Next month's $300 would pay for the exam.  The month after that, business cards and incidentals as you start working part-time for a broker.

You will have MLS access and the ability to truly learn your market. Spend your first couple of commissions putting some skin in the game for a flip.