Nothing new if you ever took a real estate class, or you did few loans. I spend $200 and 3 days to learn about real estate investors which will finance a deal, or contacts with wholesalers. Don't waste your money or your time. You can google wholesalers and investors in real estate and get more information. In the 3 days, for 1 and 1/2 days, they push their advance learning, which they charge $50,000. You can get a mentor for $5,000 which will teach you 1-on-1 and will get you all the information you need. Any investor in real estate will lend you 70% of the Future Value to buy and rehab a property. Unfortunately, nobody will lend you 100% of the money you need. For the remaining of the money you need, you need to get the seller of the property to come in the deal with you or find an angel to come up with the gap money, the difference between the 70% and the money you need to finish the project.
Bottom Line: No, I would not recommend this to a friend
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