All Forum Posts by: Charles Trussell

I'm just curious as to what some of the different creative ways to do a subject to deal are. I was talking to a lady that wants to sell her house for 140k she owes 90k she was fine with someone taking over her existing mortgage so long as she gets her walk away money. What are some creative ways to go about getting her the 50k?

Tom S. Thanks man that's really the approach I'm hoping to take! I will continue going to my local REI meetings and networking to hopefully find a suitable partner

Doug W. That's true you are taking more risk flipping but you are also getting first hand experience working with General contractors to learn repair costs.

@Anthony Dadlani Thanks man i appreciate the response I know it can be done because that's how one of my mentors got started flipping houses using "OPM".undefined

@Tyler Blackwell Thanks Tyler I actually figured that out on zillow a few days ago! Now I will search the houses for sale and houses sold in the last 6 months in a 1/2 mile radius and it has been really useful. undefined

Tom Keith Thanks so much for the response! I have messed with findcompsnow.com but they rarely show what houses sold for atleast the searches I've done mostly show n/a hope to see you at the local meet up coming soon!

@Ty Murray Very true man i appreciate the response will probably go the hard money and private lender route along with my money.

@Jay Hinrichs Thanks for the advice I will definitely be partnering with another investor that I have "bird dogged" deals for. I was just curious as to a few different creative strategies.undefined

I have been talking with a few mentors and keep getting told different things, go figure! My beginning strategy was to wholesale houses until I built enough capital to do some buy and holds or buy and flip/rehab. I quickly found that to be a successful wholesaler you need quite a bit of money for continuous marketing as well as knowledge in repair cost etc. My question is how does one get into flipping houses with little startup money? Just go hard money lender and private lender to cover rehab costs? Or are there more options? Any advice would be helpful! Happy Investing.

@Sarah Hale Thank you so much for your insight! I too will be upgrading to Pro shortly so i can utilize the calculators and deal analysis. Once you get to use the site for a bit your review would be awesome! Thank you so much and can't wait to hear back from you!