Rehabbing & House Flipping
Currently, I am looking searching a loan to search for my first property to fix and flip. I have a few questions for you advanced flippers, investors and real estate entrepreneur's.
1) How did you source for funds for your first flip? Loans?
2) How likely is it to get ahold of an investor for my first flip?
Currently, I am pre-approved with an conventional loan and a FHA 203K Rehab loan but came to halts due to the fact that it has to be my primary residence and thats not what I'm interested in doing. However, those are the only loans that I come across. I have excellent credit, any advice????