Has anyone used a HML on their first or first couple flips?

[Jordan M.]

Hey everyone! I was curious to see if anyone has used a HML on their first or first couple flips? How did that experience go? My partner and I have enough for the down payment on a flip, but we're wondering if we are better off using a HML vs traditional financing.

Thank you all in advance !

[Chris Bounds]

Yes and I highly recommend it. They'll be a good resource to help underwrite the deal. 

You'll pay more in fees, but you can keep your cash available for reserves or your next deal.