Need more funds. What are some suggestions for my situation?
Hi everyone! So right now I am flipping a house. My first time and boy is it stressful. But I’m trying to keep calm and think of the golden ticket at the end. So my situation is basically out of funds. I’m looking to borrow 5-10k but no bank will let me borrow from them since I have to much debt right now. Is there any other way of getting the funds I need so I can compete this house? Thanks!
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@Jacob Beemer some suggestions I have are construction loan possibly, peer to peer lending, refinance with a hard money lender bring in a partner for the last 10K and offer 50% of the profits, sell the deal and try again.