I'm pretty inexperienced.

I'm very serious about this business, I even got a real estate license in order to close my own deals.Can someone suggest lenders that work with inexperienced investors, and can finance p.p.

They were all non performing - many renovation loans where little reno was done and maturity date already passed - guessing it was inexperienced borrowers learning how to flip and were getting "easy" money. ya they took me out of about 14 of my deals and well being that I was getting paid it was not my place to coach them they made loans far in excess of my positions. 

You are playing with fire with this strategy to start, but then when you count in an inexperienced rehab to rent a year later, I would earmark this for disaster.

As others have suggested, you are dealing with someone very inexperienced.

You just aren't my cup of tea.

Oftentimes, we see inexperienced buyers missing key sticking points with insurance companies, and it derails their purchase.

Key is to work with a team that focuses on managing padsplits as their core business.Buy in solid neighborhoods where there is a good tenant base and put in experienced property management.Happy to connect with anyone that has questions on the model.

The problems are with the inexperienced under capitalized people studying wholesaling strategies as put forth by a variety of guru/mentors and the temptation these people feel when they smell a profit.   

If not, no worries—we’re still here and would love to chat.You can schedule a free call to see if what we’re up to is your cup of tea.