Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

2
Posts
0
Votes

Funding for flipper just starting back up again?

Posted

We did two flips in 2004-2005 and have decided to get back into it. We own a painting contracting company (39 years) in Florida and 18 years in Inverness fl and I want to expand my resources into other areas such as flipping. Score is looking good and need full funding for investment. One of the lending institutions just told me that for investment properties they need 20% down and 6 months mtg payments in reserve. I dont have what they are asking but I do have home equity and own a piece of property outright. Looking to borrow 100,000 or less. Can do most of the rehab myself and I am well connected in our area and have just about every trade I can think of in my network of friends. If anybody can offer any help I will be thankful. Tim

Loading replies...