Question about finding 100% financing.

[Clint Vonburg]

So my question is if I find a deal and get a hard money loan for 70% of the ARV but that much doesn't cover all the money I need for the rehab what would be another way to get money other than just saving from my job? I feel like a second hard money loan would be a bad idea, or is the 70% usually enough to cover everything?

[Erik Browning]

@Clint Vonburg how do you feel about moving out of your own home and renting it out? Maybe move into a cheaper apartment.

Or rent out rooms in your house. Either way, you are beginning the journey of establishing your ability to become a landlord, which opens up opportunities within loan guidelines, depending on the loan product you choose.