Updated about 6 years ago on . Most recent reply
Hard money loan on first flip
Hello. I am from VA and recently moved to Florida. Is a Hard Money Loan and good route to take on a first flip if you are starting out with minimal funds? I have my eye on a duplex. Under $20k, 2 units and roughly 70k in renovations. Newbie here. Really anxious but want to make the right move. My intention is to hold on to this property long term. If a hard money loan is not wise on this type of investment, please drop some suggestions!