Flippers: What’s the Biggest Reason a Lender Declined Your Deal?

Rehabbing & House Flipping
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Flippers: What’s the Biggest Reason a Lender Declined Your Deal?

Drago Stanimirovic
New to Real Estate · Miami, FL · Member since 2024 · 1k+ posts · 463 votes

Was it credit, experience, ARV, or something else that stopped your funding? I see a lot of good projects miss out on financing just because they don't fit the standard box. What's been your experience?

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    11mo

    Had a deal with low LTV and were putting good money into deal (LTC under 70%) - lender turned it down due to they did not like surrounding area.

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