The guest was probably talking about traditional - bank - financing.

Account Closed  Hi, flippers usually sell to traditional buyers (not investors) after they have done their work.  

FB users searching for rentals tend to be younger and of the same mindset that staged the 1% rallies protesting the rich while blogging on their $1200 Macbook Air, living in their parents' basements and wearing designer Skinny Jeans. 

I am 90% confidant I can get money for the house plus the renovation costs (from traditional bank financing and/or private money and/or HELOC on my property) but there is always the change that I cannot. 

With that being said if you are truly helping the lady and she can't go the traditional route to sell her house then I would just explain to her that you miscalculated the price you can pay and the absolute most you can pay is ..... 

On the shelf, I noticed "Rich Dad, Poor Dad", read the outline and it struck a chord with me, so I bought it.

Real estate is more of a get rich slow proposition.

Ron LeGrande brought John Jackson to the Rich Club when he first came to town to make sure to stay correct as you can't do the same thing in Texas as everywhere else with lease options.

I know traditional banks usually don't do these and I've tried a bank in Raleigh NC but the loan officer stated that the chief executive wouldn't allow them to do this type of loan this quarter due to the amount of properties they've had to take back by foreclosure.

@Darrin Carey  like you I have been at this game a little while.. when you go on and Advertise NO money down no credit.. you will get all the newbies who don't know any better.. they are dreaming of RE richs you pair that with slick sales folks and these people are separated from the 2000k in a heartbeat..