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23
Posts
3
Votes
Joel Ubiera
  • Rental Property Investor
  • Buford, GA
3
Votes |
23
Posts

Portfolio lender/community bank to fun flip

Joel Ubiera
  • Rental Property Investor
  • Buford, GA
Posted

Hello! I'm going to dive fully into my flipping business. I'm starting my LLC, have a business plan, and I'm very familiar with the BP calculators. Assuming that I bring all of that to local portfolio lenders/community banks, are there any in the Atlanta metro area who'd be willing to fund my deals that you'd recommend?

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User Stats

313
Posts
207
Votes
Stan Sugarman
  • Investor
  • Decatur, GA
207
Votes |
313
Posts
Stan Sugarman
  • Investor
  • Decatur, GA
Replied

Banks are not funding all but the most experienced flippers in metro Atlanta. Their regulators have discouraged them due to the 2006-2007 crash. All the flippers use hard money, savings or private money.

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