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Updated almost 8 years ago on . Most recent reply

User Stats

16
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2
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David Kors
  • Hoffman Estates, IL
2
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16
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How to get your deal funded

David Kors
  • Hoffman Estates, IL
Posted
Hello everyone, I'm getting started in house flipping business with only 4K in my bank and I'm having a hard time finding an private lender. My question is that 4K is enough to close on your first investment property if you follow the 70 percent rule correctly? I believe most private lenders only loan you 70 percent loan to value. I have read some articles where people invest with 0 percent down but they used 70 percent rule correctly.

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