Hey my name is Ben. I am just your average guy who wanted to get into flipping houses and had no money. I am like many people who saw shows like “Flip or Flop,” “Flip this House,” “Fixer Upper” and many more shows on HGTV where average people flip houses and make bookoo bucks off of it.
My wife and I have always had an interest in real estate investing but never knew how to get into it because we didn’t have a ton of money sitting around to be used for it. We just bought our first family home and had next to no equity in the house. None of our friends, family, distant relatives, or random contacts had a ton of money sitting around either to try and get them to invest in us. It seemed like our only option was high interest rate loans through a hard money lender.
Then randomly one day I found a company that provides lines of credit up to about $250,000 simply based on my credit score. I called them to find out what the catch was. I assumed it would be that they get part of the sale when we sell our houses or some sort of weird deal. I was amazed to find out it is a small flat fee that actually comes out of the line of credit, which means I don’t pay for it directly up front.
I couldn’t believe what I was hearing and thought it sounded way too good to be true and thought it was a scam. My wife and I did a lot of research on them for about a week and found out that they were a 100% legitimate company based out of Utah that has a long track record of helping people get funding for investing in real estate.
We signed the deal with them to have them get lines of credit for us with the 100+ banks they have a relationship with. In the end we obtained $120,000 in lines of credit that were liquidable (turn from credit into cash) to turn into cash with a 0% APR for about 12 months. Which literally meant we had over $100,000 we could use for real estate investing without any worry of interest on that $100k. All that was required is that the minimum monthly payment be made on it.
Because we were serious in flipping houses and not using the money for other things, the company directed us to another company they work with often who actually buys, fixes and resells houses for you. Again it is a flat fee up front but they do everything, all the work, as well as still on average make you an average net of $20,000 – $35,000 per house. Again it sounded too good to be true, but before we knew it we bought our first house through them. They fixed and got it on the market in about 3 months.
I’ll include pictures and links in another post of the actual house and process which you can check out HERE. In the end it was 110% absolutely worth it and it got us started on our real estate investing path. The point is to flip 3 or 4 houses a year with just the money obtained in the lines of credit which would make a total net of about $100,000 and then reinvest all of that money into getting 2 houses going at one time which then would make us about $200,000 a year and so on.
If you’re serious about flipping houses and want or need money to do so, please contact me so I can give you the info on how to do it and find out how much funding you can get with ZERO obligation.