My problem is I have no funds as of yet to invest.

I tried his son again and said to have him leave the card and keys at the house or I was going to the police..nothing.. so I go to the police and I have a report filed but little I can do because I gave him my card..Wow At least I am not in tears today but I go from being livid with my stupidity and darned if I do not want to hunt him down I have no funds to finish the kitchen..

I'd love to continue accumulating properties on a "buy/hold/cash flow from rental" strategy, but am tapped out so far as using my own funds for purchase (plus, having so many properties, cannot qualify for loans).

If you plan on holding the property for 5 years, and renting it, then yo should be fine, but it sounds like you are after a quick-flip, and that would be extremely difficult.If you buy, and then re-sell within 90 days, then almost no appraiser in CA is going to appraise the property for anything above the previous sale price, unless you can provide proof of funds that went toward repairs or improvements.

BDG is currently exploring forming a new fund to continue compiling their own portfolio of distressed real estate assets and debt.

For instance, proof of funds may be stipulated.Since there are a lot of variables, such as, lenders, markets, staffing, personality, etc., each deal is different from the last.

Not sure this one is.Maybe a better strategy since you have some funds and can get partners is to put down 20% and have him carry the financing for a few years until you can refi to pay him off.

Hi everyone i Have a Question im just wondering is now a good time to get into the real estate market doing wholesale because im hearing since the market is bad i wont be able to make any money and im just trying to do a few wholesale deals to build my capital so that i can get into rehabbing and rentals but dont have the funds for that know so what do you think is it possible to make money now and by the way i am located in west palm beach florida thanks for answers

You can bet that all the sovereign wealth funds that are making investments in these companies are making a return.

They would help you in raising funds etc.