Hard Money Lender.......

[Jamal Parker]

What is the average down payment when using a hard money lender for a flip? Is it 20% down?

[Laura Alamery]

@Jamal Parker Downpayment can be anywhere from 10% to 40%. 20% is about average.

If you can partner with private money lenders, you can work out 100% financing: they put up the money, you find the deal, supervise construction and sell it.

Also hard money lenders will usually be negotiable after you have done successfully a few deals with them.