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Updated over 4 years ago on . Most recent reply

User Stats

28
Posts
10
Votes
Lance Stokes
10
Votes |
28
Posts

Fix and Flip out of state

Lance Stokes
Posted

I am a newbie investor looking to do my first flip deal in central FL. 

Currently I live in the Bay Area so this would be an out of state deal. 

I am curious if you are able to split the hard money loan with a partner? My goal is to have a partner in Florida as the "boots on the ground" but not to carry any more financial burden than I. 

Thanks in advance for any and all advice/tips/best practices.

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