Hello! Here's to a new start in 2016!

Just starting in the business - wanted to start with fixing and flipping to gain some cash to be able to invest in some buy and holds - rentals for long term cash flow.  I was wondering how others have gotten past that huge step of fear when going for your first property.  How do obtain your first flip with no money down?  Tons of articles say it can be done without specifics on how and from what I've been told by wholesalers - every loan carrier (hard money or private) wants you to have skin in the game.  I understand that - but how do you ever get started with nothing to start building so you have something?  Plus every wholesaler I've spoken to the first thing they want is $2,000-$5,000 earnest money.....

Comments

Sign In or Register to comment.