All Forum Posts by: Jake Andersen

I like the ARMs Idea. but if i buy sub2 am I stuck with the ARM?

Hi, and thanks ahead of time to whoever responds to this. I am new to the real estate investing world. My business focuses mainly on pre-foreclosure, sub2 purchases. One of the main reasons I chose this realm is because I dont have a lot of cash up front. I know I will need assistance coming up with the few thousand it takes to replace carpet, or throw on a new coat of paint, or to do minor repairs. Not to mention the money it takes to purchase shorted 2nds or 3rds. How can I find the money for all this? I have a fairly solid knowledge of how all this works for a newbie but im trying to avoid finding a great deal and then missing out on it due to financing issues. Thanks again. Jake