When in the process do you start to get your funding in place?

[Peyton LaBarbera]

When flipping houses when do you start the process of getting your funding in place?

[Ko Kashiwagi]

Hi Peyton,

In general, it doesn't hurt to have a lender in place earlier. The timeline can depend on the your closing is. If you have a month to close on a property, it shouldn't be difficult to get funding even if you start talking to lenders after you are under contract. With that being said, it's a good idea to get an understanding of what kind of financing you will use and what you will qualify for, so you know what to expect in terms of leverage, rates and terms. Happy to help!