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Updated over 3 years ago on . Most recent reply

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Nathan Spangler
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Financing for Flip Opportunity

Nathan Spangler
Posted

I have an opportunity for a flip that would require significant financing. All the hard money lenders I've talked to are saying they require purchase plus rehab to be 70% of ARV. This opportunity doesn't quite fit that, but the numbers still leave between $150k to $200k in profit.

Is there anybody with other options that deviate from the 70% guideline?

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