All Forum Posts by: Deforrest Ferguson

@John Thedford what if you don’t have the money to buy the property yourself ? Should you not even attempt to wholesale a property if so ?

@Dan Gamache I’m looking to flip although I’m not against buy and hold and refinancing later to pull money out. I don’t have a down payment which is way I’m looking for ways to find private money/lenders

As a wholesaler what are the steps of getting a property under contract ? And what happens if you aren’t able to assign that contract to an investor ?

What are some ways a newbie like myself can find private money/lenders ? I need help because I’m so anxious to start my journey in real estate and it seems like private money may be my only real option to get started.

@Jason D.

Thanks Jason I appreciate the insight

Is it a bad idea to use a personal line of credit to fund a down payment on a rental property ?

I have very little cash on hand and I’m eager to get started on my first deal. I know not to rush into this thing or I might end up with a bad deal but I just been trying to figure out strategies that could work for someone like me

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