Private Lender, hard money, cash? Which to choose

[Raven Walker]

Hello,

This may be a long post lol.

So I’ve been wholesaling for a while now, the good thing about that is that I have a gauge on real estate but now I’m looking to start investing.

Here’s my situation. I have a full time job, making almost $4000 a month. Pretty good credit. Last time I checked it was around 708-715 I can’t remember exactly.

Additionally I have about $13k reserved for investing.

Here’s what I’m looking to get out of investing:

-Cash flow while also being able to keep some cash reserves

-for my first property I don’t want too big of a rehab because I will still be working my full time so I don’t have much time to really monitor how the rehab is going if that makes sense.

I do have some real estate education on investing from wholesaling and working with different buyers. But of course most of them used cash!

With my budget and my market, if I buy cash it’s pretty much a shell and leaves no reserves for rehab.

My question and point to all of this, which funding route should I go based on my investing goals?

[Raven Walker]

@Dalyn Hazell I completely forgot about the refinance part! Thank you for reminding me! Okay so that makes things a bit more clearer because that narrows down the options of what town in my city I can do this if I do choose to go the hard money route.