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Updated over 3 years ago on .

User Stats

45
Posts
29
Votes
Brandon Hall
  • Real Estate Agent
  • Kennebunk, ME
29
Votes |
45
Posts

House Flipping Funds

Brandon Hall
  • Real Estate Agent
  • Kennebunk, ME
Posted

Hi everyone, I was wondering if anyone could give me some information. I know there are several ways to fund flips, hard money, crowdfunding, personal money, investor, etc. I was wondering if anyone had any thoughts on using both hard money and a crowdfunding sight to fund the flip. I know most hard money lenders like that you have some "skin" in the deal, but I don't have quite enough saved up for that. My thought process was to fund the rest of the deal (like roughly 10%) of the cash needed with crowdfunding, but wondered if anyone had any thoughts on this, or better strategies for me.

Thanks!