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Updated almost 7 years ago on . Most recent reply

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Derrick Locke
  • Cleveland, OH
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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
  • Rental Property Investor
  • South shore, MA
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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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