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Updated about 1 year ago on . Most recent reply

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Trent Burke
  • Rental Property Investor
  • Columbus, OH
4
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Looking for private money

Trent Burke
  • Rental Property Investor
  • Columbus, OH
Posted

Hey! I’m a local Columbus Ohio investor with my first property in contract closing March 1. My partner and I are flipping the property. 

I wanted to see if there were any private lenders here who may be interested in lending the whole thing, or the gap for our hard money loan if we need to go that route. 

Any advice on where & how to find private money, and best tips/practices any of you have found when raising money? 

Most Popular Reply

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Bob Stevens
  • Real Estate Consultant
  • Cleveland
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Bob Stevens
  • Real Estate Consultant
  • Cleveland
Replied
Quote from @Trent Burke:
Quote from @Bob Stevens:
Quote from @Trent Burke:
Quote from @Bob Stevens:

what are the numbers ? 

$80k pp
$50k rehab
$180k arv 

 How much do you have ?

Haven’t been able to raise any yet. So looking for full funding if we can. $132.2k

 you are NOT getting full funding. Flipp the contract save, learn then go on your own 

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