Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago,

User Stats

14
Posts
0
Votes
Neil Hunter
  • Clovis, CA
0
Votes |
14
Posts

Do traditional lenders finance fix and flips?

Neil Hunter
  • Clovis, CA
Posted

I first started out thinking I would buy a few rental properties. However, whe more I think about it, dealing with a rental is a very long term play, and you're also dealing with a lot of unknowns.

I feel a fix and flip has a limited window. I think you're dealing with things you can more control, vs a rental property, you're dealing with things you can't really control (overall market appreciation). Would you agree?

My question is, if I pivot to doing flips instead of rentals, will traditional mortgage lenders finance a fix and flip?

Do you think doing a flip for someone like me who has a full time job (albeit in software engineering -- rest and vest ;) is too aggressive?

Follow Responses

Loading replies...