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Updated about 6 years ago on . Most recent reply

Derrick Locke's profile image
Derrick Locke's profile image
Derrick Locke
  • from Cleveland, OH
  • Member since Jul 16, 2019

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17
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5
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Derrick Locke's profile image
Derrick Locke's profile image
Derrick Locke
  • from Cleveland, OH
  • Member since Jul 16, 2019
Derrick Locke
  • Cleveland, OH
5
Votes |
17
Posts
Rehabbing & House Flipping

any tips when doing a no money down flip

Derrick Locke
  • Cleveland, OH
Posted

Trying to find a lender/investor is hard lol. any suggestions on good banks in Columbus Ohio

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Brian Ellis's profile image
Brian Ellis's profile image
Brian Ellis
  • Rental Property Investor
  • from South shore, MA
  • Member since Jan 3, 2017

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Brian Ellis's profile image
Brian Ellis's profile image
Brian Ellis
  • Rental Property Investor
  • from South shore, MA
  • Member since Jan 3, 2017
Brian Ellis
  • Rental Property Investor
  • South shore, MA
1,644
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1,173
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Brian Ellis
  • Rental Property Investor
  • South shore, MA
Replied

Finding a lender/investor to put all their eggs in a basket, with somebody who has little to no experience just wont happen. How much experience do you have? The easiest way to do a low money down "flip" would be househack a house that just barely qualifies for an FHA loan, and fixing it up yourself over time. FHA is 3.5% down, and you can always ask the seller to cover closing costs.

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