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All Forum Posts by: Juan Montano

Juan Montano has started 1 posts and replied 1 times.

Starting Out

Post: New to real estate, looking to start my first flip

Juan MontanoPosted
  • New to Real Estate
  • Chicago, IL
  • Posts 1
  • Votes 1

Hello,

I've been in and out with this website since i've started getting an interest in flipping houses. I have zero real estate experience and I was just seeking some advice. I live in Chicago and I have been very interested in the Little Village (South Lawndale)/ North Lawndale neighborhoods to begin a new flip. I have been reading the book "The Flipping Blueprint" and I found it has some interesting advice. My only concern would be regarding the hard money loans, are they necessary? Would I be able to purchase the home with a bank loan and get a construction loan to start the flip? I appreciate anyone that takes their time to read this and throws some advice my way. Thank you.

1 Vote