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Updated over 8 years ago on . Most recent reply

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912
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Patrick Philip
  • Florida
107
Votes |
912
Posts

How to use OPM to find fix and flips?

Patrick Philip
  • Florida
Posted

I'm about to do my first fix and flip. I have enough money for one. If the first one goes well, I can do another. I might be able to do 4 per year this way. What if I want to do more than that?

If I found private investors with "unlimited" amounts of money, how could/should I structure the loan deals with them?

Currently, I take out hard money loans for 2 years at 12.9% plus all the associated fees.

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