How to Finance 10 condos to flip
I'm looking at purchasing 10 condos in a bulk sale. The condos are partially occupied. My intent is to purchase, renovate and flip them. I really don't want to get ten different mortgages (one for each condo). Does anyone have any advice on how I should finance them? Again, my goal is to renovate, and flip them. The time frame might take up to two-years. Thank you.
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Local commercial lenders will entertain almost any scenario you throw at them, provided you have skin in the game, relevant experience, and it makes a great deal of sense.