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Updated about 1 year ago on . Most recent reply
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First flip funding
Hello everyone I’m a general contractor located in Buffalo looking into funding options for my first fix and flip, mainly looking into hard money lenders. I have a property in mind and only enough money in the bank for about a 15% down payment leaving me with enough to do the rehab comfortably.. most lenders I have spoken too require 25% down. Anyone have any lenders they recommend?
Most Popular Reply
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They always ding you on your first flip. I'm at 10 percent down with 100 percent of rehab. My broker just told me about a 100% funding product.
I'm looking for someone to help manage my flips. Reach out, maybe we can help each other.
Chris