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Updated over 10 years ago on . Most recent reply

Where do I get the money from?????
Hello all:
I am trying to get started in Real Estate by means of wholesaling. Although I desire to eventually do other things in RE besides wholesaling one day, I know that you need money to do so. My first opportunity in RE is to wholesale my mother's house, which has been vacant for 10 years or so. I really want to rehab it and keep it as a rental, but I don't have the money to do it. I'm fine with wholesaling it, but if anyone can suggest a way for me to acquire money to do the rehab project? I thought about a 203k loan, but I hear that there are so many complications with it. Any suggestions? The house is in Philadelphia.
Most Popular Reply

If its your families, why do you have to wholesale it? Why not just transfer title and sell, or take out the heloc