Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

104
Posts
27
Votes
Ron Hollingsworth
  • Investor
  • Phoenix, AZ
27
Votes |
104
Posts

Something Better Than Hard Money

Ron Hollingsworth
  • Investor
  • Phoenix, AZ
Posted

After having flipped half a dozen properties and using expensive hard money, I'd looking for another, cheaper, option.  Can anyone share their experience in where you found leverage for your flips outside of hard money?  

Most Popular Reply

User Stats

4,692
Posts
4,463
Votes
Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
4,463
Votes |
4,692
Posts
Robin Simon
#1 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Ron Hollingsworth:

After having flipped half a dozen properties and using expensive hard money, I'd looking for another, cheaper, option.  Can anyone share their experience in where you found leverage for your flips outside of hard money?  


Generally - short term loans for rehabs/flips are always going to be higher-rate and hard money will be your option - generally the lower-rate options like conventional or DSCR will be for turnkey or no-reno needed properties only.

Other options are to utilize your own cash buildup or partner with an investor that takes equity instead of a loan

business profile image
Harpoon Capital

Loading replies...