All Forum Posts by: Alex Yong
Alex Yong has started 2 posts and replied 8 times.
@Jay Hinrichs hi , u are saying the u put that money up front and if they don't fund u u will loose it ?? that doesn't sound legal at all . like I said before I really want to start flipping houses and I appreciate every comment.
any advise on how should I start on this ? I don't really have any cash saved I just bought a house a month ago for me and my family . but I do have a nice monthly income but looking for a extra cash input and not only that but help people find their dream house as well.
thanks @Peter Mckernan.
I'm confuse about LTV, ARV and REHAB loans. I searched the internet but cat find a specific definition to understand what they really are but the ARV or rehab seems to be the ones that loan u 100% of the amount after the repairs are done. like final market value
John I already PM u the nformation u asked me for
thanks Angela and Mark for the insights.
Thanks David, that's a good advice "don't rush into things" by an change can u provide me with any information about private lenders ?
thanks for ur comment Logan , I been reading about this a lot and it does exist ARV (after repair value) type of loan that's comes with a higher interest rate and 0 money down. the profit is less but at least I can start making some profit and getting a few deals under my belt.
how can u get a hard money loan with no money down , so I can get started.
hi, I'm Alex I was told that I can start flipping houses using hard money loans with 0 down payment. is that true ??