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Private Lending & Conventional Mortgage Advice

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Corey Dutton
Pro Member
  • Lender
  • Salt Lake City, UT
167
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714
Posts

Are 100% Financing Loans for Rehabs a Scam?

Corey Dutton
Pro Member
  • Lender
  • Salt Lake City, UT
Posted Jun 6 2012, 12:37

There’s a few of rehab/fix and flip lenders out there offering 100% financing, no money down. This seems too good to be true. Has anyone here had an experience with one of these lenders that promises 100% on rehabs? I’ve yet to see one that’s real. Please share your experiences with any of these lenders.

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