@Chris Gallo hi Chris. My husband and I are just starting out. I am a strategist by trade now and have done a good amount of research on the economical influx with the real estate market. The only obstacle we currently face is the funding. We own a primary residence that we just purchased so a heloc would not prove fruitful. My family are contractors so we would have their assistance in the rehab of the homes we acquire. My question to summarize is, do you know hard money lenders looking to work with newbies who have a proven professional track record just lacking the full real estate experience?
We have already found one property that is approximately 75k, requires approximately 90k Reno and the ARV compared with neighboring comps is 280k minus holding and realtor expenses.
Sorry so long winded. I appreciate your anticipated reply.
