All Forum Posts by: Steve Lohbeck

@JS did i mention i am a newbie

I was just told by a friend of mine there is no way I can be a serious investor because I have NO MONEY is this true????

@DA did you pay cash out of pocket or opm and thinking on flipping it?

@JH I do not even have a dime for repairs?????

@JH the problem is I bought the house from an auction in which i paid $1. what do I do now?

@CB welcome a newbie here too!!!

@DA did you pay cash out of pocket or opm and thinking on flipping it?

I recently tried to get a hard money loan for a property I found. She told me that they can loan me 65% of the purchase price. What, why, not of the market value. It also goes into escrow and to the seller. What I want it for repairs and re-investments. Newbie getting his feet wet.

@JD Thanks and I hope to learn a lot.

@BD Thanks I will do that.