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Updated almost 3 years ago on . Most recent reply

User Stats

249
Posts
133
Votes
H. Jack Miller
  • Lender
  • Boca Raton, FL
133
Votes |
249
Posts

Fix and Flip - Running short on the Capital- Taking a Survey

H. Jack Miller
  • Lender
  • Boca Raton, FL
Posted

A lot of Fix and Flip deals run short of the capital and this leaves the deal in trouble and usually investors are unable to complete the property. Is there a market for a JV partner/ Second mortgage for investors to get capital when they are short that would allow them to finish the property? Maybe JV equity/Second mortgages up to 100k. Is this needed?

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