All Forum Posts by: Daniel Gearner

We just completed our latest project and it looks like we'll be under contract by the end of the week.  

Can anyone express the importance or non-importance of REIA's? We are searching for an HML and think we have found one with reasonable rates but with the Dallas (Texas) meeting coming up a week from today, I wonder if its worth attending (also becoming a member).

Maybe someone in the DFW area is on here and can relay their experience.  Thanks!

Before: 

I certainly have thought about hard money lending but sometime qualifications are vague and I wondered what the requirements are for income/employment. Or if it just varies from lender to lender. A cash partner would be ideal! But so far, we have put the word out to a few people and have been unable to find one.

My wife and I are fix and flippers in Dallas, TX. We are working on our third flip in 2017, set to hit the market next month. The ONLY reason we have our full-time jobs right now is the need for conventional lending to purchase our flips. Our bread and butter is purchasing homes in the 300k-400k range. We don't have that kind of capital yet to be cash buyers. We'll have enough (once our current project closes) to put 20-25 % down, cash to renovate and money to live on. If we want to quit our jobs right now, what are our options for financing our next project?