All Forum Posts by: Lee Castro

Great to know Saravanan. I actually want to clarify my question. Because when I posted this I actually thought a hard money lender only funded the rehab. But I now see they will fund the house cost as well. When getting a loan from a hard money lender is the closing cost included in that?

Please correct me if I am wrong. I am still trying to understand this concept fully.

Thank you

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Is getting a mortgage and hard money loan a bad idea for a first flip? If I have $2,000 to $4,000 to show a hard money lender I am all in and it is accepted is this a good idea? Is this possible?

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Originally posted by @Ronald Morris:

Hey Lee,

Read and research till you feel comfortable enough to answer questions here on the forums. BP also has the ‘Ultimate beginners guide’ that really helps see different aspects of real estate. You can also jump on audible and get 1 free book just for signing up. My first book was @Brandon Turner's book on rental property investing. He covers a lot in it and helped me realize what my goals are. Last Brandon has webinars weekly and a bunch of podcasts to listen to. Like I said read and research! if you ever have any questions feel free to reach out and I’ll try to answer them.

Awesome Ronald. Thanks so much for the tips. Probably going to look into getting a book.

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Hello I am 23 out of Houston, TX. I am working in a corporate job but not happy. I am ready to start my real estate journey today. I guess my first question on this forum is; Where do I start?

I have started researching, watching videos and listening to podcast. Is this enough? Is there a 101 webinar I can attend? Is it needed?

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All Forum Posts by: Lee Castro

Lee Castro has started 9 posts and replied 14 times.

Post: Hard Money Lenders and Mortgages

Post: Hard Money Lenders and Mortgages

Post: Day 1 Getting Started No Understanding Of Real Estate

Post: Day 1 Getting Started No Understanding Of Real Estate