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Updated over 7 years ago on . Most recent reply

User Stats

42
Posts
9
Votes
Steven Mason
  • Tampa, FL
9
Votes |
42
Posts

Purchasing 1st Property Seeking FL HML for 100% Financing

Steven Mason
  • Tampa, FL
Posted

This will be my first deal & I'm seeking to develop a long term relationship with a True HML. I want to fix & flip at least one house this year & double that next year. High interest and points is okay with me as long as the funding is there & of course the deal permits it. I currently work for a National Asset Management Organization that specializes in preserving properties, so I'm not new to the industry.

Most Popular Reply

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23,418
Posts
13,510
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,510
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

You’ll need Builders Risk insurance for a flip, not homeowners or landlord insurance....and no 4 point inspections.

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