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LOST: Wholesaler Basics
17 January 2007 | 11 replies
I really don't have any money for these high expenses, my day job will bankroll my advertising and consideration fees until I get off the ground with a few deals.
Greg Fend
Starting out...asset structuring?
13 July 2013 | 10 replies
But, you seem to be genuinely looking for opinions, so I wanted to add mine.A CPA is good to have, but until you are running a business with lots of ins-and-outs or a huge bankroll, a CPA is largely a reactive tax person... and not even a strategic tax person.
Tony Thompson
Newbie at the End of the Budget
30 June 2013 | 13 replies
Learn from them and build up your bankroll until you can start up a well funded marketing campaign.OR2) Find an investor/rehabber to partner with, and have them fund the marketing, and they get first dibs on all deals, and a cut out of anything that gets wholesaled. ( This one might be tough unless you have a relationship with someone like this already)You could also door knock, this only costs you time and gas money.When I did my first few deals as a real estate agent, I needed tons of help along the way.
Joshua Daniels
Helping friend get funding for large development, need advice.
24 July 2013 | 5 replies
Very early, you probably need a small number of investors who are willing to make a very risky bet to bankroll the upfront work.
Richard Evans
My first property ever, 21k! [Video]
25 June 2014 | 38 replies
That's great Richard.Instead of wanting everyone to give you something you have shown the perseverance and discipline to make it happen for yourself.Everyone wants success but just a few will work for it to make it become a reality.Make sure you have no debts that cost you money every month charging high interest and instead bank roll and keep growing your money.
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Current Morgage Lender Troubles
11 August 2007 | 4 replies
you'll have to go with HML, other investors, WHOLESALING.wholesale to build up a bankroll, then by that time, you might be able to handle a HML for a nice flip.no matter what you do, buy wisely.
Nick Furlough
First Deal Need Opinions
24 September 2007 | 7 replies
I have a really good family friend that is helping us get started in the business and is bankrolling us for our first project.
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Starting Out
8 November 2007 | 12 replies
The investor can be liable for carrying the deal through completion since he's taking 70%.Even if you are only going to wholesaling for a bankroll, it still helps to have a mentor regardless.
Mike Batir
4-unit owner occupied investment as my first property?
15 January 2018 | 26 replies
This enabled me to save quite a bit of money for the next investment which ended up being my primary residence at the time which was a 2 family so that tenant ended up paying 3/4 of my Mtg on that house.Having other people's money work for you can be a great way to build a bankroll and or free up capital for you to invest elsewhere!
Brady Lucero
Future Flipper
10 February 2013 | 7 replies
Due to this I've decided to work 3 more years, build up a sufficient bank roll then quit my job as a Carpenter & become a full-time Flipper.Of coarse I have tons to learn before embarking on this but I have all the enthusiasm and motivation in the world!