Archive for February, 2014

Gap Funding: A Great Way to Lose Money in Real Estate

Filed in General by on February 14, 2014 15 Comments
Gap Funding: A Great Way to Lose Money in Real Estate

One of the large mentorship programs – and star of a reality TV house flipping show – preaches debt stacking your real estate deals to reduce or eliminate your out of pocket requirements.  Potential real estate flippers are sold on this because they hear that they will get infinite returns with little or no risk.  […]

Continue Reading »

I’m Nervous

Filed in General by on February 13, 2014 0 Comments
I’m Nervous

I recently had a conversation with a client that was buying his first flip.  We were going back and forth about a couple of items and he was pushing back on some aspects of our loan.  After a bit more discussion, he finally admitted that he was just nervous.  Nervous that he’d purchase the wrong house, […]

Continue Reading »