Financing to flip houses

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Financing to flip houses

Victor Aponte
Contractor · Acworth, GA · Member since 2015 · 9 posts · 1 vote

I am a residential contractor ready to flip my first house

Looking for private lender to get financed to make the deal

3 potential properties around $15,000.00 asking price and around $25,000.00 for rehab work

Someone out there that can provide the financing or some orientation?

Thanks in advance

Victor Aponte

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  • Matt Cramer
    Residential Real Estate Agent · Rochester, MI · Member since 2012 · 152 posts · 52 votes
    11y

    Whats the ARV? Have you looked at hard money?

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  • Victor Aponte
    OP
    Contractor · Acworth, GA · Member since 2015 · 9 posts · 1 vote
    11y

    ARV values around $78,000 as I mentioned I have 3 potential properties.

    I can put money if I really need to but trying to find financing to don't hurt my cash flow. If putting money is a require for hard money lending I would be willing to do it

    I haven't try hard money just yet. 

    Any information highly appreciated!

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  • Victor Aponte
    OP
    Contractor · Acworth, GA · Member since 2015 · 9 posts · 1 vote
    11y

    Thanks Ken,

    I am located in GA...there is any kind of limitation?

    When can i give you a call? I am not really familiar with process of hard money lending

    Any info highly appreciated!

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  • Rita Bautista
    CEO · Chicago, IL · Member since 2015 · 108 posts · 20 votes
    11y

    Victor,

    If you need working capital for the rehab, I may have some options.  It would depend on a few factors.  Contact me to discuss. 

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