Looking for 3rd flip this year, trying to get to 15

[Ceasar Rosas]

Hi BP Family,

We are currently flipping in Pennsylvania. I wanted to share what we're working on as well as ask opinions on how to scale. We are currently almost done with construction on 1 house which we paid 38k, with closing costs 42k. When all is said and done we will have about another 40k into it. Resale should be right around the 140k range. Normal flip. 

I wanted to highlight another house we purchased less than 2 weeks ago. With the power of Biggerpockets I met a wholesaler who sent me a few deals and 1 deal we liked. We made an offer on it, but came in a bit lower than what the wholesaler wanted, so he went with someone else. After the deal not working out we were called by the wholesaler to purchase the deal. After a week we closed on it at 45k. With closing costs we were at 47k. We changed the locks and after a few days, the neighbor wanted to purchase the property and agreed to a purchase price as is of 65k. We will close on this tomorrow. Networking goes a long way in this business. 

Question to my experienced flippers, how do you continue to scale your business, HML's are not looking to lend at my price range so much. I'd like to do 4 or 5 properties at a time. To approach Private Money Lenders does anyone have a credibility packet or something of that nature that they can share, just to see a sample of what's working for you? We'd like to go about finding more funds to fund our deals. We always look at properties with a resale in mind and what it will rent for just in case.

Thank you for taking the time out to read this.