All Forum Posts by: Account Closed

I'm 21 years old, and I know my college housing area really well. I am looking to start flipping houses in that geographic location before I start my masters program in March. I understand I have minimal capital at my age, but I'm looking to turn ex. a $350,000 loan into $500,000 house. $150,000 profit, I know the market niche, and I think there is great opportunity here. Aside from the kitchen and bath, I can do some of the rehab myself to reduce costs. I enjoy researching and plugging numbers in.

I'm looking for partners/investors to lend a hand and get my career going. Hope to hear back from some of you.

Much appreciated,

Michael

I'm 21 years old, and I know my college housing area really well. I am looking to start flipping houses in that geographic location before I start my masters program in March. I understand I have minimal capital at my age, but I'm looking to turn ex. a $350,000 loan into $500,000 house. $150,000 profit, I know the market niche, and I think there is great opportunity here. Aside from the kitchen and bath, I can do some of the rehab myself to reduce costs. I enjoy researching and plugging numbers in.

I'm looking for partners/investors to lend a hand and get my career going. Hope to hear back from some of you.

Much appreciated,

Michael

I'm 21 years old, and I know my college housing area really well. I am looking to start flipping houses in that geographic location before I start my masters program in March. I understand I have minimal capital at my age, but I'm looking to turn ex. a $350,000 loan into $500,000 house. $150,000 profit, I know the market niche, and I think there is great opportunity here. Aside from the kitchen and bath, I can do some of the rehab myself to reduce costs. I enjoy researching and plugging numbers in.

I'm looking for partners/investors to lend a hand and get my career going. Hope to hear back from some of you.

Much appreciated,

Michael

I am looking to form relationships with private lenders. I'd like to rent out multi family to college students. I have a business plan, but I lack the capital.

Hoping you can help, and we can talk further.

Thanks.

@Chinmay J. Thank you for your kind and informative response. I understand people try to sell dreams and don't face reality. 

"If all you are looking for is to research the houses and present them to us/me, We/I, don't need you for it."

That was what I was planning on doing. It doesn't hurt if I find out about a property (off market) that has little exposure. I was just wondering if any real estate broker/agents or investors would utilize me to find them undervalued investments.

Also I would be compensated by trust. No contract, nothing at all. If I show you a property I'd trust you to pay me the ex. $3,000 for finding you it.

It's hard to wholesale @Chris Boyd when I have less than $10,000 capital and have not been part of a deal, no? What I am suggesting is something to get my feet wet, find someone a property, watch the contract process, and analyze how they then handle the property.

Thanks for the replies guys. I can't wholesale because I have no capital. My role would be to research the houses within a specialty area and then present them to you.

If you end up buying the house, I'd receive a very small commission. 

Does this exist? Thanks. 

I'm a 21 year old MBA candidate, I have extensive knowledge in the westchester area in NY as well as long island. I scout home prices and neighborhoods daily as a hobby of mine. I often find extremely good value homes, with enormous potential to either rent or buy.

I'm looking to work with investors. I'd like to establish a relationship with some of you guys. It's simple, I find the houses, you buy them, and then you can do anything you want with the contract after you buy the home. 

Looking forward to hear some of your replies!

Thanks,

Michael

@Al Williamson ! Love the enthusiasm, thank you. I'm ready to do this upon my graduation. I just lack capital. Could you layout the process of getting a mortgage, with no capital? Is it even possible?

Also, maybe I can get an investor to buy the house, and then I pay my mortgage to the investor privately instead of the bank. I am looking to meet people who have the capital to do this.

Any other experienced people who can offer some guidance regarding the subject?