All Forum Posts by: Stephanie Dobbs

Nothing beyond mentorship/guidance. I could possibly ask the other mentor to provide some capital, but he's from Texas and doesn't really have much insight on the DC Metropolitan markets to feel comfortable in a deal.

 You make great points. I am working to become an agent now as the agents I come across in Maryland are so set on conventional financing and do not open their eyes to the possibilities with creative financing. All in all, you made great points!

Good point, so where should my starting point be, I have no capital...I am working to save money from my job but that's a measly $300 a month (praying no incidences come up). Please assist, don't hold back on good advice :)

Okay so what should I do? I am ready to dive into real estate but have no money yet. I have an experienced investor, but he doesn't want to put money into the deal.

I'm looking to flip.

But what does that mean? Should those looking for a mentor simply wait around for one to pop up? I think taking the proactive approach is most beneficial. The first response is most accurate as I found two in common circles, one at work, and one at church just through explaining my hopes of completing a fix and flip this summer.

Hello All,

I'm looking for a legitimate lender who will provide 100% of purchase price as well as construction costs (which will equate or be less than 75% of ARV). I am new, but have partnered with an experienced Investor who has been flipping houses for years and has buy and hold properties as well. Does anyone know where I should look to obtain this, or am I reaching too high? Also, the property will be located within Prince Georges County, Maryland (or PG County) which is right outside or alongside of Washington, DC.

Please assist.

Regards,

Stephanie Dobbs

Hello All,

I'm looking for a legitimate lender who will provide 100% of purchase price as well as construction costs (which will equate or be less than 75% of ARV). I am new, but have partnered with an experienced Investor who has been flipping houses for years and has buy and hold properties as well. Does anyone know where I should look to obtain this, or am I reaching too high? Also, the property will be located within Prince Georges County, Maryland (or PG County) which is right outside or alongside of Washington, DC.

Please assist.

Regards,

Stephanie Dobbs

Hello All, I'm new to real estate investing, but I came across a phenomenal short sale property that I would like to live within. I came up with a lease option strategy and wanted to present the opportunity to the seller/lien holder, but the listing agent is blocking the process. 

Is a lease option the best way to proceed, or is there another way to move forward? 

Just an FYI, the property is in a new development community with great (new) schools surrounding...there is already $96000 in equity in the property. 

Please inform.