Updated almost 4 years ago on . Most recent reply
Obstacle: finding a lender for first time fix & flip / Brrr
Hello Everyone!
I need advice on finding Hard Lenders that loan to a first time rehabber. What paths do I take when lenders require me to have at least 1 flip or Brrr under my belt before they lend to me?
I heard about bringing an experienced investor on board. If that's the only case - how so I split profits?
Most Popular Reply
There are plenty of lenders that don't require experience. We just completed our first. The lenders were more curious of our numbers than anything else. You may just pay a slightly higher rate.