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Updated about 3 years ago on . Most recent reply

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16
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Ryan Karel
  • Contractor
14
Votes |
16
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House flipping loan

Ryan Karel
  • Contractor
Posted

I'm gearing up to do my first real estate flip. I have lined up a private equity partner who is willing to put down half the purchase price and cosign for the other half that needs to be financed. I figure with his help we should have no problem obtaining a loan for 50 % plus construction costs. 

I have been looking into portfolio lenders but was wondering if maybe there was a better loan option for this situation. Or if anyone have any good recommendations for a portfolio lenders In florida. 

thanks

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