Updated over 5 years ago on . Most recent reply
Looking for advice on completing purchase for flip and flip.
QUESTION:so when you got the deal, you got the property, BUT all you really have for cash is the down payment. so that leaves the 10-20% of liquid cash you need to actually close the deal. so for a fix and flip... what's your best approach to getting that gap money you need? Is this called taking 2nd position on the mortgage? if so is anyone even willing to do that? please and thank you.