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Updated almost 9 years ago,
Orlando area My background, possible assistance
So I've been looking for a house for a couple months. Came somewhat close twice now. The last one was a home in Oviedo I liked a lot, margin was small but wanted to do my first flip and get my feet wet so to speak.
As I continue to look, I've noticed that not having cash is a big disadvantage. Places like Hubzu and auctions, I might as well forget about. No cash for a full purchase.
My background: degree in finance, early 30s, I work in the industry but not in sales. I have a pretty good idea of what homes need to sell, I have a good grasp on what I can sell them for when rehabbed, and I have a good idea especially in Oviedo of what people want and how much money to put in a house to get the best return. I have a good handle on construction, I have folks that I can get material and labor, etc. I can get things at cost or just over cost. My credit is decent, roughly 700 score. My problem is no cash. Well I have some, but I can't purchase a home with cash. I need a partner, or a way to obtain cash so that I don't go to the back of the line every time I want to make a move. Any ideas? Anyone need a partner or want to try to work out some type of partnership? Thanks!
PS - I'm serious about the business, and I'm trustworthy. I have a wife and kids. I know this isn't a get rich quick business. I know good contractors are hard to find, I know people don't show up to do work a lot. I know all of these things and I'm very realistic. I'm looking to get started! Thanks for reading.