Advice: Act on bigger deals sooner and create more relationshipsDone differently: taken more action - bought more properties and held on to as many as possible (less flips), bought larger multi-familiesChoices that didn't produce desired outcomes: Side tracked on deals that didn't fit my modelHorror stories: I talked about this on my podcast interview with Joe Fairless, but not having written contracts/agreements.

I am currently in the process of obtaining my first buy and hold property..my only dilemma is which route to go in order to finance the property..to give you guys an insight on my scenario I have good credit (740+)..access to down payment money (10,000-15,000)..no prior investment history..Im not sure if I can do a conventional loan because my debt to income ratio may be too high and from my understanding (correct me if I'm wrong) Hardmoney lenders are typically better used with flips and rehab properties..can anybody help me understand my options to financing my first buy and hold property😩..thanks, Shane

House flipping generally involves rehab, whereas speculating is just straight buy and resell.What is different now is the down payment requirements for buying second, third, fourth homes.

@Matt Geerts If you listen through the BP podcast and Flipping junkie podcast, you'll hear from lots of flippers and wholesalers who don't just rely on direct mail.Agents are a good source of deals.

So I am sitting on this property until the redemption period is over before I can flip it.   2.  

I've also flipped houses, and renovated houses, and owned a few rentals, on which I did 90% of the repairs and renovations.

I recently picked up a house in Willingboro to flip, which is the town next door to you.

The main thing about LOC's is to always have an exit strategy to pay them off such as a refi or completing a flip and so on.

Hello,Looking for a RE agent licensed in Maryland to purchase flip properties.

If it's a short term flip, then the high-interest rates and down payments may not be as big of a deal (if everything goes right).