All Forum Posts by: Naomi Berrios

thank you! 

@ty nacsa! Thank you. It doesn't seem to link your name for me? 

Hello! My husband and I are new to investing. We plan to start flipping houses as soon as I have everything mapped out. 

One area I find confusing is financing the flip. I keep seeing, reading,  and hearing about using conventional loans since we have jobs, but then I read that you have to hold onto the houses. Why would they suggest it then? 

And so now I need to change strategies. But I don't know of good private lenders or hard money lenders in the Orlando area that are good. I've Googled a few but would prefer references, or maybe someone on here would like to invest. 

We have a great plan in the works and are open to partners. We have very good credit just not much to put down yet. I'll take any and all references, ideas, tips, etc. 

Thanks @james wise

My husband and I have been researching how to retire early and what we've learned about money is real estate is a powerful tool to make money and keep a constant cash flow. We are just starting and not sure where to start. We are in the research faze. So I'd like suggestions. Especially if you know the area. We are in Haines City Florida, but don't mind traveling. Should we try and do an easy flip that is a low risk, maybe use a turnkey or something? I know Jacksonville is supposed to have a better market for flips. Or should we try to buy a property locally and start renting? If we do that do we get one ready to go or one that needs a bit of love but then we have to fix before we rent. In our neighbor there are houses that are good to go but outdated. So we consider that? Should we update alliances? Mind you we could only do like 3k down so we'd need a loan to fund the repairs as well, but we have great credit and only own one home as of now. So basically I'll take any suggestions on how we can break into this Florida real Estate market.