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All Forum Posts by: Ty Miller

Ty Miller has started 3 posts and replied 5 times.

Post: Taking the Leap of Faith

Ty MillerPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 6
  • Votes 3
Hello everyone I’m fairly new to the real estate world but I’ve been doing a lot of research and also in the process of getting my real estate license (taken the exam twice,currently studying for my third and hopefully final time), but My question today is, How can someone get started wholesaling from ground zero? As in, how can I go about finding my first deal and be taken seriously by sellers? Do I need to get a business name incorporated along with business cards? What would be the best marketing method to get going when you’re just starting out with a small budget at first? I am more than willing to put the work in I just want to make sure I’m doing the job correctly. Thank you in advance!

Post: Using a Hard Money Lender for first fix and flip deal?

Ty MillerPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 6
  • Votes 3
Thank you all for the advice and feedback. My next question is, would it be better to begin wholesaling using transactional funding to get my first 4 or 5 Deals under my belt or just keep saving in order to have the upfront expenses for a fix and flip loan? I’m currently in between jobs but I work as a studio engineer to pay the bills while in the process of getting my real estate license. My goal is to be a Full time investor while working part time as a realtor which brings me here, to learn everything I can on the investing side in order to make this happen!

Post: Using a Hard Money Lender for first fix and flip deal?

Ty MillerPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 6
  • Votes 3
I’m trying to learn the OPM method of investing and I was looking online In the Kansas City area and seen a few hard money lenders who say on their website they do 100% financing for fix and flips I just wanted to know how that worked I was thinking they would just finance the deal based on me bringing them proof of where the money is going.

Post: Using a Hard Money Lender for first fix and flip deal?

Ty MillerPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 6
  • Votes 3
Hello I’m 23 and new to Real Estate Investing and currently looking for my first fix and flip deal and I’ve been hearing about investors using hard money lenders to fund their investments. I was wondering if it is a good move for a newbie and what is the process of dealing with them (as in how to reach out to them to do business in the first place) I know they charge a 10-12% interest and some even charge points too but if the numbers are right will they fund the deal or is it more to it?

Post: Getting started Wholesaling and Investing in Kansas City

Ty MillerPosted
  • Real Estate Agent
  • Kansas City, MO
  • Posts 6
  • Votes 3
I’m new to the BiggerPockets website and just getting going in real estate. I’ve been doing my homework for a while and I’m ready to start looking for deals and I’m wondering if working with hard money lenders is a good move starting out and what’s it take exactly to start doing business with them if the process is any more complex than presenting them with a property with the right numbers? I’m open to any advice as I said I’m just getting my feet wet and ready to learn the game as much as I can.