Updated about 10 years ago on . Most recent reply
Financing for flip with hard money
I'm considering going threw a hard money lender. Questions I have is should I go to the loan company first before looking for a house or should I find a house first and then contact the loan company? I know hard money has a higher intrest rate but also allows you to get inn and get things started. Does 100% on rehab and home still exists with hard money?
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James Wise
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James Wise#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Contact the lenders first. See what they are providing and the cost they charge for it. See what their parameters are.
After that search deals that will work for the money you have available to you.