Skip to content
Rehabbing & House Flipping

User Stats

58
Posts
60
Votes

SHOULD I SEEK OUT FINANCING ON A POSSIBLE AUCTION PROPERTY BEFORE OR AFTER AUCTION?

Posted May 20 2023, 15:42

Hello, very new to flipping but I found a great deal and think now it’s the best time to start. The property will go into auction in a week. 10% down due on site and full payment required in 30 days 

SHOULD I SEEK OUT FINANCING  BEFORE OR AFTER AUCTION?

Also, how could I go about getting this deal financed? I have properties with very strong equity I could use as collateral. I know refinance and heloc are options but I have a 3% interest I do not want to lose and I ve been getting rejected on heloc for investment properties.


any help would be appreciated

Loading replies...