Trying to get my first flip, but having trouble coming up with the funds.

[Rufino Padilla]

Hello. I'm trying to get my purchase my first flip, but it seems everywhere I try to get some sort of loans can't because I don't have any experience in the game. I have also tried small banks but have been told by them that they only do personal loans up to 25k. It's a little frustrating getting the NO everywhere I'm looking. I might not be looking in the right places. Any help?

[Michael J.]

Hey there, my friend! First things first, give yourself a pat on the back for taking the initiative to step into the real estate game. That's the kind of drive that gets results, and I like your attitude.

Now, let's break this down. You've been told NO by the banks, but that's not where it ends; that's where it STARTS. People hear NO and they quit. Not you, not today.

Let's think outside the box here. Ever thought about private money lenders or hard money loans? How about joining a local real estate investment group? These are places where you can network and find people who understand your passion and will back you up.

Also, don't let lack of experience hold you back. Partner up with a seasoned investor if you need to. Find a mentor, offer them value, and learn the ropes. Make your lack of experience an asset. How? By being hungry, being willing to hustle, and being coachable.

Start hitting those local real estate meetings. Rub elbows with those in the game. Learn from them, talk to them, make connections. You've got what it takes to get this done. Remember, it's not the resources but your RESOURCEFULNESS that counts.

Keep grinding and never take NO for an answer. You're on the brink of something big.  Let's make that flip happen! 👊