Can I buy a property using hard money

[Andre Bias]

Can I purchase a property with hard money to cover the closing than Sale it to have a bigger whole sale fee say bought it for for 30k with hard money purchase arv 205 repairs 50k I relist it for $60k would a hard money lender loan me the money for closing and resale

[Dave DeMarinis]

@Tom S. Such a powerful post in only 4 sentences. The two things that sink so many people starting out - not enough reserves and not understanding the cash flow required to float a rehab. Well said!