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Updated almost 7 years ago, 03/08/2018
Financing for Fix and Flip and Financing for Fix and Rent
Hi,
1. What are the advantages and disadvantages with using the 203k or Fannie Mae Renovation Loan vs Hard Money Loans for fix and flip properties?
2. What are the advantages and disadvantages using Hard Money Loans for fix and flip properties?
I have access to loan programs for fix and flip investors and fix and rent investors, which are through a lender. They are the 203k loans and the Fannie Mae Renovation Loan.
I also have access to Hard Money lenders for fix and flip investors and fix and rent investors.
I am trying to compare and see which options are best.
Thank you in advance!