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Updated over 8 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Belleville, New Jersey
  • Member since Feb 9, 2015
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Belleville, New Jersey
  • Member since Feb 9, 2015
Connect
Account Closed
  • Belleville, NJ
33
Votes |
88
Posts
Buying & Selling Real Estate

Do I have to wait till I sell a house I am flipping to get paid.

Account Closed
  • Belleville, NJ
Posted

Let's say someone is starting out with no money and they get a hard money or private money loan for 100% of the purchase price and repairs, etc. Would they have to wait until the house sells to get paid? Is there a salary that can be worked out? 

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