All Forum Posts by: Jeff Robert

I'd stay away from (and they may stay away) hard money lenders for your first deal.  Traditional financing may be difficult depending on the amount of rehab that is needed.    I did hear mention of fundthatflip.com as a crowd sourcing option.  Personally, I'd try to do a cash deal first or find a partner that could provide the financing for a cash deal.  You can pull the money out post-rehab, if needed.

It might make sense to start searching public records (deed, overdue tax, court records, etc) with the county.   That will give you an idea on the actual names and/or companies that are legally associated with the property.  From there you can start tracking down phone numbers... Good luck!

My first deal took 2 days, and ended up being a huge mistake.  Take your time in finding a deal that's right, don't try to make a deal right just so you can close on it.    I'd say definitely run the numbers without any emotion involved, and find a cookie cutter house to start, don't go for something unique.  As i heard on BP once, strange houses attract strange tenants.