Where do You Get the Money to Flip Houses? Even the Private Lenders Will Only Loan me 60% to Buy the House? Where do You Find the Money that the Private Lenders Does not Give You in a 60% Loan?

Part Two: Bank Credit Lines I get asked by Real Estate Mentoring students all the time, were do you find the money as a real estate investor to fund the gap for the portion of money I need to flip a house and to pay for ALL the remodeling, carry costs, utilities, etc…. My second…

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Where do You Get the Money to Flip Houses? Even the Private Lenders Will Only Loan me 60% to Buy the House? Where do You Find the Money that the Private Lenders Does not Give You in a 60% Loan?

Part One: Private Lenders I get asked by Real Estate Mentoring students all the time, where do you find the money to fund the gap for the portion of money I need to flip a house and to pay for ALL the remodeling, carry costs, utilities, etc…. My favorite way to find this money, is…

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Real Estate Coaching Student Asks: I Mailed to the Absentee Owners List and the Sellers Told me they are Already Getting a ton of Postcards and Mail from Other Buyers…Now What do I do?

Every day I talk to people all around the country in other markets that are either my real estate mentor students, or other real estate investor players in other markets. It’s true that many investors in different markets around the country are getting more competition and mailing to the absentee owners list. This has some…

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What do you do if Someone has a gun to Your Head and says if you Don’t Make $5,000 in the Next 30 days by House Flipping, I’m pulling the Trigger!

My answer would be that the FIRST thing to do is clean up the puddle you just made on the floor. But right after that, you need to get a hold of a targeted list. The best way for you to get a seller to beg you to take their property off your hands, is…

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Be a Deal Finder, not a Deal Creator

That’s what I told a Real Estate Mentor student of mine who was all caught up in not having enough ways to buy a house.  He was doing very little marketing to get leads, and when he did get a lead on the phone that he was not able to buy the sellers house, he…

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How to Find All the Private Money you Ever Need to Fund Your Real Estate Investing Deals-Part Three

This is Part 3 of a blog series on finding private money. One of the most valuable things you can do in your real estate investing business is to contact as many of these private IRA holders as possible. In the event you want to contact the IRA holder directly, you can always look them…

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How to Find All the Private Money you Ever Need to Fund Your Real Estate Investing Deals-Part Two

This is Part 2 of a blog series on finding private money. This is a powerful piece to your Real Estate Investing and House Flipping business. The Official Records in my County are FREE to view online.  Some counties charge you for this access, but for the most part, many counties are free. If you…

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How to Find All the Private Money you Ever Need to Fund Your Real Estate Investing Deals-Part One

Have you ever wanted to have a source of all the private money you ever wanted to have to fund your deals in Real Estate Investing? What if I told you the source of getting all this private money is right at your fingertips and available from your keyboard? If you are an investor like…

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Lets Have a Round of Applause for House Passage of Mortgage Forgiveness Debt Relieft Act

Short sale tax extension protects distressed homeowners from $8.1 billion in “phantom income” taxation; Congressional action sets stage for passage of permanent break in 2015 to expand utilization of short sales. Yesterday, the U.S. House of Representatives approved a package of tax extension measures that includes the Mortgage Forgiveness Debt Relief Act, a measure that prevents the…

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Buy a Short Sale and Get a Big Fat Check?

I recently got a call from a Realtor and she told me about a house that she had for sale of which needed a lot of work. The Realtor knows that I’m in the house flipping business, so she gave me a cal. I went and looked at the house and I think the only…

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