Lending/Financing Options for a Flip
Hi there! I have done 3 live-in flips in my local market but am currently on the hunt to do my first "professional" flip. I'm wondering if anyone can advise me the benefits of using a hard money lender versus conventional financing to fund the purchase & rehab. I believe we have the funds to cover the down payment and the rehab although I'd love to leverage financing as much as possible because it'll be cutting it tight with the funds I have available. Thanks for your help!
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Real Estate Agent
- 208-810-8780
- http://Xorealestate.com
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