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Updated over 5 years ago on . Most recent reply

User Stats

89
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46
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Ricardo A Perez
  • Hollywood Florida
46
Votes |
89
Posts

Which came first the chicken or the egg ? Deal or financing ?

Ricardo A Perez
  • Hollywood Florida
Posted

Hey BP family, 

Ok I need your help I have decided that I want to do my first flip deal with in the next three months. I live in South  Florida currently. I I have 10k-15k to put in the deal along with the hussle. I am planning to use hard money to cover most if not all of the project. I would like to find a single family home with 3 bed 1 or 2 bath or 2 bed with enough square footage to add a room. I would not mind a partner since it is my first deal. The question I have is should reach out to some hard money lenders and get pre-qualified and then get the deal or find the deal first and then worry about the financing thoughts ? 

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