still trying to make this work but it’s roadblocks everywhere.
i am learning more about the national mortgage system than i wanted to know tbhhttps://twitter.com/amyhoy/status/1202747779690315776 …
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From the flipper side that means "I'm successful enough at the model to have repeated it N times in a row but never built up sufficient capital or sufficient ability to convince a bank to lend me money" and from the lender side it is "I successfully found non-flakes to back."
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oh see, the thing is, banks won’t give non-govt-backed loans and fannie mae etc guidelines block a lot of investment properties based on their guidelines. you have no other choice than private lending / hard money. we’re prob getting a private loan not hard money fwiw
End of conversation
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i can see how if you have good analysis / head for the market and great contacts (contracts), you could make a fortune but i can do that with workshops and SaaS and never risk losing my shirt sooooo
Thanks. Twitter will use this to make your timeline better. UndoUndo
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