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Updated over 7 years ago,
Best options for beginers
Hello BP,
I am currently in the process of my first direct mail campaign. My initial plans are to wholesale to raise capital so i can get to my future goals of fix and flipping. However, im curious what the best options are for someone like me to get a loan for a fix and flip and surpass the Wholesailing part. I recently got pre approved for a purchace price of 140k. (Which is not much in my area). Finding something that would pass for a conventional loan in the boston area is nearly impossible. My question is when my mail starts to generate a few leads i want to be able to invest in them myself but i will wholesail if it makes sense. I dont have much for a down payment and family and friends are nkt an option for me. Any advice for someone like me? Thankyou in advance for anyone who replies.
Best,