Updated about 8 years ago on . Most recent reply
Hey! Plz share some wisdom To get my First Fix and Flip.
I started as a wholesaler, and done 3 deal so far in 2months doing cold calling from lists I’ve got.
I’m clueless when it comes to the process of getting a home for myself to flip though? Considering I usually offer cash offers as a wholesaler and the buyer ends up paying .
How can I re move the buyer and purchase it myself ?
Questions :
-Do I put the home under my name or LLC ?
-If I don’t have full cash to buy the home do I have to get a regular loan ?
- I’ve known others have multiple properties at once that are getting flipped; but I also know their not their personal funds , so is one able to get a loan to purchase multiple distressed homes ?
Im confused in a lot of ways, any advice or article or book or YouTube video if can’t give me full answers?
Honestly anything will help as I wanna be a full time wholesaler/ flipper .