Needing some rookie help please

[Tyler Jacobs]

Hi my name is Tyler, I'm new to the real-estate investing industry but I've been listening to and reading everything biggerpockets for the past couple months and I'm chomping at the bit to get my first deal. I have a couple K saved, I'm currently rebuilding my credit(never had a credit card) I have a full time w2 job, I pay $1000 in monthly living expenses(rent,utilities,etc), I have an agent that has great deals. I also am a contractor able to do most home repairs myself. Can someone help me find lender that will work with me to possibly do a buy and flip and occupying while I do repairs or possibly BRRRRing. Any help or guidance is greatly appreciated! Thank you 

[Josef Hardi]

Hi Tyler,

Are you a licensed contractor? If so, that's an awesome asset that you have. Especially if you are experienced enough to take on a BRRR project. I am not super familiar with the Cincinnati, Ohio location. A couple of suggestions:

1. First you need to know what loan you can get. I would recommend calling a broker, like https://www.the1brokerage.com/ and/or like what Donald mentioned above, try contacting hard money lenders.

2. If you do have access to these great deals, make sure that they are indeed great deals. I mean, have the numbers to support it. Because hard money lenders will essentially need a detailed plan (including costs) before they would consider your application. Be prepared to provide market values once the property is refinance (taking into consideration the projected interest rate).

3. If you have made this solid business plan, other than money lenders, you can also try to get funding from your family / friends. Or even investors here from BP. I think you can offer a lot being "boots on the ground", especially if you are a licensed contractor. 

All the best!