Updated almost 7 years ago on . Most recent reply
Flipped One, Trying to get to the next!
Hey guys! Technically not a new member, but I've been listening to the podcast for over a year now! We are located in the Lee's Summit/Kansas City area and are looking to flip!
We flipped our first and sold it in July 2018. It was my father-in-law's home so we didn't have to purchase it, we gave him $80k and sold the property for $160k. We spent about $38k on the rehab, more than anticipated, but learned that we shouldn't do everything ourselves next time!
So we are looking to flip another, but used all the money to pay off our debts and saved about $11,700 of it. Thinking we should get a hard money loan? This is the info I got from LendingHome, any experience with them or is this a good option? Sorry the picture is sideways!