Updated over 9 years ago on . Most recent reply
1st flip with HML - 70% ARV in CA?
Hello everyone! My husband and I are potentially looking to purchase and flip a great property in LA through a personal connection. The area has great comps and we would buy well below retail value before the rehab.
Do you know of any HMLs in CA who will finance 70% ARV for new investors? If so, what would investors need to provide them to fund the project?
This is going to be our first deal - we would welcome advice from more experienced investors here at BP. Thank you in advance!