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Updated over 11 years ago on . Most recent reply

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David McEwan
  • Real Estate Investor
  • Fort Lauderdale, FL
8
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40
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Should I seek financing before shopping?

David McEwan
  • Real Estate Investor
  • Fort Lauderdale, FL
Posted

Hello everyone, Just wanted to know should I seek financing to know the numbers on what I can purchase before looking for the property or vice versa??

Most Popular Reply

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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
5,170
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6,202
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied

@David McEwan - That depends.  For buy and hold - Yes.  you will need to know how much you can afford since the loan is based off your income.  For fix and Flips - No.  You will be in the hard money space which is loaned off of the deal

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Second City Real Estate
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