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Owned by Ty

Flipping Houses with No Money aka Wholesaling — Learn the game with Flip Man. Free training, real deals, and support from day one. Let’s get it!

1417 contributions to Flip Man’s Wholesaling Network
Newly Arrived
Glad to be here, appreciate the teachings so far. Can I ask for some Love from the Community so I can get to Level 2 Thanks.
0 likes • 6h
Welcome, Brett, glad the teachings are helping. The fastest way to Level 2 is to jump into other members posts and comments and join the conversation. The free videos in the Classroom are a good next step too: https://www.skool.com/flippinars/classroom. What are you working on first?
0 likes • 2h
Welcome in, Brett! Glad you're here. Fastest way to Level 2 is to be active, not just liked, comment on a couple of posts in the feed and introduce what market and asset type you're working. What are you looking to start with?
First Deal
Good Afternoon yall, I started getting my feet wet with flipping vacant infill lots since June of this year. I haven't got my first deal yet. I have gotten contracts, but not across the goal line. I am definitely open to JV with someone if they have a builder in mind. I am open to the idea with anything else especially flipping homes on market as I recently came from 4.5 years of phone sales. I can be a chatter box. Let's make some money folks.
0 likes • 6h
Melvin, thanks for being honest that the contracts have not crossed the finish line yet. With vacant infill lots, the missing piece is usually a builder who already wants that exact lot. Is the hold up finding the builder, or getting the lot priced right? Bring one to the 7pm Central call and raise your hand and we will look at it together.
0 likes • 2h
Appreciate you sharing this, Melvin. Getting contracts but not across the line is usually a numbers or a buyer-match problem, not a you problem. On the JV, name one specific lot you've got and what the builder would need to see (lot size, utilities, zoning) and post it here, that's how a builder actually raises a hand instead of just scrolling past "open to JV".
🗳️ Quick poll, what's stopping you from building a buyers list?
Not having a buyers list yet was the clear top answer last week, in both rooms. Pick what's actually stopping you from building one, or tell me in the comments.
Poll
14 members have voted
0 likes • 6h
Searching new construction on Zillow is a smart way to see who is actually building in an area, Melvin. Pull the builder name off a few of those listings and call them to ask if they buy infill lots. Which market are you trying first?
0 likes • 5h
@Melvin Menendez Florida is a good place to learn, and a lot of people in here work it. Wholesale rules differ by state, so pick the one state you are leaning toward and bring it to the 7pm Central call. Raise your hand when you get in so we can pull you up. Which state are you thinking about?
🏆 Top 10 This Week
This week's Top 10 in Flippinars, ranked by points earned. 1. @Dana Emakoji, Level 5. Leading the board again, still out working her territory hard and lining up buyers. 2. @Phillip Leary, Level 4. Back on the board, still making his own calls to sellers and agents. 3. @Lavaughn Siggers, Level 3. Climbing the board again this week. 4. @Derek Bailey, Level 3. Staying active in the room. 5. @Scott Miller, Level 3. Still digging into self storage wholesaling. 6. @Danielle Robinson, Level 2. New to the board this week, putting in the work. 7. @Audrey Pray, Level 5. Showing up in both rooms this week, still the one people go to with their first questions. 8. @Reco Rebel, Level 3. Staying engaged in the room. 9. @Imran Laghari, Level 3. A real estate data guy putting that background to work in here. 10. @David Veney, Level 3. Back in the Top 10, still looking to team up with the right people. That is how you land on this list. Ask the real question, show your work in the feed, and bring the calls. See everybody on tonight’s call.
1 like • 6h
Appreciate you, Derek. You have been showing up all week. What is the one thing you want to get done before Friday?
1 like • 6h
Thank you, Dana, see you on the call. What do you want to dig into on Friday?
Having more than one funding option can change the way you do property business.
One thing I've come to appreciate about property investing is that finding a good deal is only part of the equation. Having the financial flexibility to actually move on that opportunity is just as important. I've seen how relying on one funding source can sometimes limit an investor, even when they have a perfectly good deal in front of them. Think about it. If all your capital is tied up in an existing project, a mortgage takes longer than expected, or your usual funding route isn't available, what happens to the next opportunity? Does the deal simply pass you by? This is why I believe experienced investors should think beyond having just one way to fund their projects. Depending on the deal and circumstances, understanding options such as private funding, joint ventures, bridging finance, commercial lending or other creative structures can give you more room to maneuver. It's not about using every funding option available. It's about knowing which options make sense for a particular deal, understanding the costs and risks, and not putting your entire business in a position where one funding source determines what you can or cannot do. For me, having a strong property strategy also means building financial flexibility around it. Like to hear from other investors: Do you generally stick to one preferred funding route, or have you deliberately built relationships and alternative funding options so you're not dependent on just one source? I have an additional source that is helping my business growth. And I'd be interested to hear how others approach this, particularly those managing multiple projects at once.
1 like • 10h
Good question, Emma. As a wholesaler the cleanest answer is that the buyer’s money closes the deal, so I never need my own capital on the contract. The only funding that matters to me is knowing a few buyers who can move fast. Which funding route do you lean on most today?
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Ty Flip Man
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@flipman
I will teach, mentor and guide you on how to flip houses (or wholesale houses). Using Creative Real Estate Investing ...

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Joined Dec 2, 2022
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