Finding financing options for more then one flip

[Jennifer Shuler]

Good Morning,

I am looking for information on how to finance a flip without conventional financing. Currently we are using a FHA rehab loan to flip. We will have this house on the market in May but want to learn more about how to obtain private financing so we can get in and out of our next flip much faster. Currently we are doing all cosmetic work ourselves but want to switch out to a contractor for much of the next so we can get 2-3 flips after May. We have found a great flipping area for starter homes in our area and want to jump on them soon. Also need more information on how you can obtain financing for more then one property to get passive income. just don't understand how to qualify for more then one loan when using as rental income. Thanks.

[Jennifer Shuler]

Thanks for the post Jonathan,

We haven't been looking yet as we have been so busy gutting and remodeling this current house.  I just run into a realtor who is also an investor with 13 properties and she has offered to set me up with more information and resources on private lenders. I am always amazed how often I seem to find information just by telling people what I'm doing when I am out and about. (this realtor was actually sitting next to me at a nail salon)  we started talking about the current flu season and somehow we ended up connected about real estate.  Networking is so important even if it is difficult to start.  lol.