Funding my first project - does anyone have a money tree???
Hello All,
Though I am still fresh spanking new to house flipping, the word funding constantly runs through my mind. Should I take out a loan? Should I find a high net worth investor to help me? Should I test my luck with the mafia?
I was hoping to purchase my first flip for 45-80k. What is a good rule of thumb to how much of my own capital I should invest? Most likely leaning toward taking out a loan from the bank, but would love to hear how that played out for you guys who have done it. Can someone share their go to method for funding if they have one.
Thank you,
Mo