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Updated over 6 years ago on . Most recent reply

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Jamie Lashley
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Flipping Property Newbie

Jamie Lashley
Posted
Hello. My husband and I would like to start investing in fix and flip properties. Can anyone offer advice? Do we need to form a company to work with hard money lenders? Who is the beat hard money lender?

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Aaron H.
  • Rental Property Investor
  • Steamboat Springs, CO
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Aaron H.
  • Rental Property Investor
  • Steamboat Springs, CO
Replied

You're unlikely to get a detailed response to such a broad question. Click "Education" at the top of the screen, then "Guides" and read the BP Ultimate Beginner's Guide. That has a ton of advice on getting started.

Whether a hard money lender requires you to have an LLC or will loan to you personally depends on the lender. There is no "best" hard money lender, there are thousands out there and it depends on where you live, what your experience is, and which lender you can work with.

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