All Forum Posts by: Jesse R.

So how does one start their business in real estate investing. Is there a workaround for this?

What’s wrong with what I am doing. I have been getting leads and deals coming to me but I can not get any funding for my deals to save my life. I opened my first credit card in July to build my credit. I made and paid off my debts each month. I gained a 700 score but went to Wells Fargo to apply for a 10,000 unsecured loan. I just found out that I was denied. What is wrong and why can I not find any funding to get my business going. Can someone please help me.

I’m trying to obtain a house but only trying to buy this house for what it cost which is 10,000. I’m seeing if applying for a unsecured personal loan is the best way to go. I plan on buying and holding onto the property. But am only trying to buy the property at this time. It will need repair costs but I will try to get Funding further down the the road. Thanks for any advice you can surely give.

Well considering my demographics; I have been picking up properties really cheap. But the downside Lenders do t like to fund small deals, so it leaves me with either wholesale or buy and hold, and since I don’t have proper funds at this time for buy and hold my only option is wholesale the deals.

I started my real estate journey about 6 months ago. I have gained 0 properties and have made offers on 3 properties. No deals yet. I have have obtained my business license. I have tried direct mail marketing on vacant homeowners. I have tried obtaining PML’s. I have obtained my real estate agent, but for some reason I’m not been successful partly is due to that I’m in a rural area, but I have come across about 3 deals that I could wholesale, but I don’t contain confidence as well as financial stability. I’m just really confused in the real estate investing and was hoping someone could help me get a leg back up to get me going in the right direction. Thanks.