House flippers often use the wrong financing. Banks want your W-2s and pay stubs. Hard money lenders care about the property value and returns instead, funding faster. The speaker has flipped over 200 properties and lends his own capital.
Before you flip your first house, stop. Are you using the right kind of money or is this going to destroy your project? You have two types of funding you can get. Go to the local bank and they're going to scrutinize your W-2s, your pay stubs, or you can go to a private lender and a private lender is going to look at the asset to ensure that valuation and that projected return is in line and they're going to move right forward if it is. Here at Direct Funding Resources, not only have I flipped over 200 properties. Not only do I currently own over 200 units today, but I lend my own money. I partner, I mentor, and I coach. I'm the guy that gets in the trench with you to ensure you have success. So follow me, comment hard money, reach out, and let's do some business and make sure that you have the right strategy, structure, and funding to guarantee your success and profitability.
