any tips when doing a no money down flip

5 Replies

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.

@Derrick Locke

Heartland and Fahey are some local banks that take a solid relationship into account for lending. Might be good to start building a connection there

ReCasa Financial Group is a good hard money lender in Columbus. Hard money is always expensive but they do allow you to not have a lot of your money in the deal as long as you own a personal residence.