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Updated almost 11 years ago on . Most recent reply

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6
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3
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David Gillilan
  • Real Estate Investor
  • Arlington, TX
3
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6
Posts

Newbie in Arlington, TX

David Gillilan
  • Real Estate Investor
  • Arlington, TX
Posted

Hi everyone,

I started as an accidental landlord and now own two rentals in the Fort Worth/Arlington area.  I'm looking for more active income and want to flip my first house, but I'm concerned about financing with hard money.  I have enough cash flow to cover carrying costs and utilities, but no cash for down payment or rehab.  

Is it really as easy as they say it is to fund a flip with hard money?  Should I be looking for a deal first, or should I reach out to a hard money lender prior to finding the deal?

Thanks for the guidance,

David Gillilan

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