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Rehabbing & House Flipping

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Mikel Graham
  • Real Estate Investor
  • Champaign, IL
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30
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Thinking of rehabbing my own wholesale deal

Mikel Graham
  • Real Estate Investor
  • Champaign, IL
Posted Jun 19 2012, 13:14

Hello everyone,

I'm a beginner wholesaler trying to close my first deal. You can see the property here...

http://www.biggerpockets.com/properties/13259-large-single-family-mansion

I only have 1 very low offer on the property that I'd prefer not to take. In any case, I need to close by July 5th.

I'm considering looking for a hard money lender and going through with the rehab myself. To be 100% honest, I have not done as much research about rehabbing as I have about wholesaling.

What advice can you offer me?

How much time is usually needed for an hml to analyze a property and disburse funds?

Please let me know.

M

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