Updated over 4 years ago on . Most recent reply
Where to get extra funds for a fix and flip
I did an application with a private lender who would give me 70% of the purchase price to start on my first fix and flip but in order for me to get started and to get the funds, they stated I needed to have at least 20K-30K in my account for down payment, closing costs etc. I asked about getting a loan from my bank (because that wouldnt be a problem for me) but they stated that would be a red flag for them considering I would have to pay them and the bank back. Anyone know where I could get the extra 20k-30K ?