Flipping and Private Money Lenders

1 Reply

Hi, a business partner and I are interested in starting up a house flipping business, however we have no funds of our own to start our initial flip. Would a private money lender be the best option? How do we begin to actually flip houses? We're very driven, so we've been attempting to learn everything we could, and I know want to know what you guys think. 

Thank you!

Jon

@Jonathan Fischer , welcome to BP. So, you have no funds to invest in your business and you don't know how to do your chosen business but you want to have other people finance it? Would you make that investment if you had funds? BP is a great resource. Dig in and learn. Figure out what you want to do with the funds before you start to ask people for them or you won't have much credibility and may burn your best options.