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Updated over 9 years ago on . Most recent reply

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Robert Miller
  • Duncannon, PA
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New member from pa

Robert Miller
  • Duncannon, PA
Posted

Im currently looking into buying and flipping houses. Can anyone help? I don't have alot of down deposit cash and haven't had a job for too long so I'm worried I won't be able to get a loan. Any info that can help thanks.

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Stephen Akindona
  • Investor
  • Memphis, TN
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Stephen Akindona
  • Investor
  • Memphis, TN
Replied

Welcome to the site!!!! Continue to ask questions, as there are plenty of folks around to help!

If you have no cash and just started your current job you will be hard pressed to find traditional funding. Flipping requires a lot of cash and it is hard to break into real estate investing with flipping as an initial strategy. Try wholesaling as you can start there to create revenues that you can roll into a flipping project. 

Just my 2!

Good Luck

  • Stephen Akindona
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