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Updated almost 7 years ago on . Most recent reply
Financial Partner or Hard money loan?
Hi I have been looking into flipping for about 3 years now... have done my homework and want to go full force and get a deal under my belt. I fully plan on doing all the marketing/analyzing properties to get the first deal.
So... If I have a good deal using BP calculator or house flipper spreadsheet is it likely someone would go in with me as a cash partner?
I would of course put up my own money too. I could put in like $10-15k.
My only other option would be to do a hard money loan, right?
Has anyone done their first deal with a Hard money loan?
These are my thoughts... appreciate some feedback, thank you!