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Ben C.
  • Metuchen, NJ
27
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374
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Financing a Flip: Cash vs Hard Money

Ben C.
  • Metuchen, NJ
Posted
Hello, I would love to hear everyone's opinions and experiences funding flips... If you had enough cash to finance the acquisition and renovation costs would you go that route? While I understand the incentive of using financing, it takes both time and a lot of interest... And traditional banks typically aren't interested in financing fix and flip properties. Thoughts? Look forward to a great discussion!!

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590
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Kyle Doney
  • Flipper/Rehabber
  • Golden, CO
319
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590
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Kyle Doney
  • Flipper/Rehabber
  • Golden, CO
Replied

@Ben C. Hard money shows as cash offer. Its typically not a contingency. Cash definitely helps land a deal though for sure. 

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