First-Time Rehab financing help ..

1 Reply

Good Afternoon,

I have started my journey to financial freedom and have began narrowing down properties to invest in .. Financing is the only thing I’m missing .(yes I know it’s the most important part ) . I have parents who are developers, that’s could back me financially but they are starting a 60+ home project , so I rather not tie up anymore of their money!

Question is , How does one go about getting money for projects ? Basically starting from nothing financially ?

Hey James, are you able to qualify for financing on your own? If so, you should look into construction loans. If you can't then you should explore hard money loans. You could also look to find money partners who are looking to earn a return while you do the work. 

Best of luck!