Updated over 6 years ago on . Most recent reply
100% Financed Flip - What’s the catch?
Does anyone have any experience dealing with ‘100% financed flips’?
Looks like several companies offer it but I’d suspect there is a catch.
Dohardmoney.com
Freelandlending.com
Rehabbuilder.net
Are a few I’ve looked at.
Most Popular Reply
@Jessica Wygal Almost never worth it. From the lender's perspective you can guarantee that if their putting up 100% of the funds they're going to take more than their fair share of the proceeds.
My opinion is that is a better option 100% of the time to find a capital partner to get started.
Of all the ways to get started with little money out of pocket. 100% financing on a personally backed loan has to be the most hazardous.
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