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Updated about 1 year ago on . Most recent reply

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Tiffany Tylon
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Help analyzing fix and flip deals

Tiffany Tylon
Posted

How do I approach an lendor? I am nee to real estate and would like to fix and flip using a lender. I’ve been trying to figure out numbers and strategy. I need help with learning how to estimate and budget a deal. I need help with accuracy and understanding how to make an offer. 

Thank you. 

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Cam Schwartz
  • Lender
  • Chicago, IL
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Cam Schwartz
  • Lender
  • Chicago, IL
Replied
Quote from @Jonathan Klemm:

Hey There @Tiffany Tylon - I'd say you are taking the first right step - asking for help!

Biggerpockets has some great tools to anaylze deals:https://www.biggerpockets.com/investment-calculators

Also, YouTube will go a long way in helping you learn...plus maybe consider coming to some of the local chicago in-person events: https://www.biggerpockets.com/forums/521-real-estate-events-...

Maybe connect with @Cam Schwartz he's a local Chicago lender, and I have seen him closing lots of deals with investors lately.

Are you looking to do deals in Chicago or any particular area?



Thanks Jonathan!

Tiffany, happy to help. In addition to funding fix & flip projects we also work closely with our clients on budgeting and estimating costs. If you have a specific project in mind or numbers to discuss we are happy to review.

Call anytime with questions!

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