Hard Lender Question
I have invested in RE for many years but now want to learn how to flip houses in my local market - Ventura County, CA.
My question is will hard money or private lenders loan the full purchase and rehab costs on solid, viable deals or are they looking for investors to come in with a percentage so that investors have some skin in the game? If they want investor $$, typically what percentage are they comfortable with?
Thanks
Andrew