Starting Out & Feeling Stuck! Needing Great Advice

[Shana Patrick]

Hello BP community! We are a highly motivated couple from New York, that have self educated ourselves in passive and active investing. We are currently seeking funding for our first flip in the Dallas, TX area, but are feeling a bit stuck.

We re open to other RE markets as well but we are coming across a frequent issue. Financing.

We have done our research on private money lenders and HML as well. We are confused if ll private money lenders need money down or are they more interested in the ROI they will receive?

Also, we feel like the number of properties we can flip are limited due to the price of the comps in Dallas and the surrounding areas. Will it only be beneficial if we bought a house from a wholesaler and flipped it to the average price of the comps?

Any replies will be greatly appreciated!

Thanks!