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Updated over 6 years ago on . Most recent reply

Yee Elias's profile image
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Yee Elias
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  • from Southern California
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Yee Elias's profile image
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Yee Elias
  • Investor
  • from Southern California
  • Member since Jan 23, 2013
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Yee Elias
  • Investor
  • Southern California
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Commercial Real Estate Investing

Flipping property in Orange County

Yee Elias
  • Investor
  • Southern California
Posted

How to start flipping properties in Orange County with little or no cash? Is the only option wholesaling?

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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

I think flipping is nearly impossible without some cash. Hard money lenders are going to want to see some of your own cash in the deal, or that you have a STRONG track record.

Any friends or relatives who are willing to fund you getting started? Credit cards? Cars you can sell? A 401K you can cash out (not recommended)? A house you can mortgage (also not recommended)?

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