Fix and Flip Investor or Hard Money

[Brandy Luna]

I have 30k to invest in a fix and flip project.  I am quickly seeing that this is a very small amount.  What type of lender and terms should I be looking for?  Lenders will require down payment, closing costs, reserves, etc.  I have great credit.  I have a small amount of cash.  I am also open to partnering with another person who may find themselves in the same situation.  Any guidance or advice would be much appreciated.  

[Robin Simon]

Quote from @Brandy Luna:

I have 30k to invest in a fix and flip project.  I am quickly seeing that this is a very small amount.  What type of lender and terms should I be looking for?  Lenders will require down payment, closing costs, reserves, etc.  I have great credit.  I have a small amount of cash.  I am also open to partnering with another person who may find themselves in the same situation.  Any guidance or advice would be much appreciated.  

 $30K should be enough to get off the ground - you should target a hard money lender thats not afraid to work with 1st time investors and is willing to build a relationship for the long haul.  Hard Money Lenders can definitely vary - I would recommend reading reviews here and on google before you pick!