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Updated over 7 years ago on . Most recent reply

Daniel Gearner's profile image
Daniel Gearner's profile image
Daniel Gearner
  • Flipper
  • from Dallas, TX
  • Member since Aug 9, 2017
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Daniel Gearner's profile image
Daniel Gearner's profile image
Daniel Gearner
  • Flipper
  • from Dallas, TX
  • Member since Aug 9, 2017
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Daniel Gearner
  • Flipper
  • Dallas, TX
1
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3
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General Real Estate Investing

Need more capital to quit our jobs!

Daniel Gearner
  • Flipper
  • Dallas, TX
Posted
My wife and I are fix and flippers in Dallas, TX. We are working on our third flip in 2017, set to hit the market next month. The ONLY reason we have our full-time jobs right now is the need for conventional lending to purchase our flips. Our bread and butter is purchasing homes in the 300k-400k range. We don't have that kind of capital yet to be cash buyers. We'll have enough (once our current project closes) to put 20-25 % down, cash to renovate and money to live on. If we want to quit our jobs right now, what are our options for financing our next project?
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Antoine Martel's profile image
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Antoine Martel
  • Rental Property Investor
  • from Miami, FL
  • Member since Aug 23, 2017
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Antoine Martel's profile image
Antoine Martel's profile image
Antoine Martel
  • Rental Property Investor
  • from Miami, FL
  • Member since Aug 23, 2017
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Antoine Martel
  • Rental Property Investor
  • Miami, FL
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Antoine Martel
  • Rental Property Investor
  • Miami, FL
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Have you thought about using a hard money lender? 

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