I Need Funding For My First Flip

[BJ Henderson]

I've come across a deal, that I'd love to flip and sell or rent. This would be my first flip and this one is a light job.

Purchase- 68k

Repairs are less than 20k.

ARV-162k.

Rental Rate in the area- 1200-1300.

HOA Fees- 189/month

Seller is leaving after the sale. Looking to close as soon as possible.

I think it would be a 2 weeks or less job. 

Not really sure how to go about finding funding for this deal quickly and at a reasonable rate.

Any suggestions are greatly appreciated.

Thanks.

[BJ Henderson]

I wholesaled it. I wouldn't say deals like that are typical, but they are possible. 

My buyer was very happy. I was satisfied. I learned a lot from it. 

When I look back I should have done it myself. lol Everyone made out good in the end though.