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Updated almost 6 years ago, 12/21/2018

User Stats

32
Posts
5
Votes
Ashley Sliwa
  • Flipper/Rehabber
  • Monson, MA
5
Votes |
32
Posts

How to finance your first deal? What did you do?

Ashley Sliwa
  • Flipper/Rehabber
  • Monson, MA
Posted

Hey everyone, I am looking into real estate investing and curious to know, how you all financed your first deal? I am thinking of starting by flipping, but I do not have quite enough money to afford a 20% down loan. I also am unsure if I would qualify since I own my own home and do not make a huge amount of money extra , my debt to income would likely not qualify. Those of you who have used private or hard money, how do you find good lenders that you can trust? I also am considering partners but am unsure how to find any in my area. Any advice would be great! If anyone is in MA, connect with me!

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