First Fix & Flip, Would appreciate all the help i can get.

[Adam Elbary]

Hello my great BP community!

I am a newbie flipper looking to do my first flip in Kissimmee, Fl 34743

Scenario: I have a wholesale deal that came through the pipeline, here's the details I have.

Property: 3/2 single family with screened in pool.

Purchase: 239k

Estimated Rehab: 45k

Holding costs: undetermined

Hold time: 3-4 months

ARV: 325k

I am having a hard time finding a #hardmoney lender to fund 90% LTV and 100% rehab since i have no experience, I currently have 20k liquid, but might have access to other funds (private money) to help fund the deal and holding costs.

Question #1

Would anyone with flipping experience be interested on partnering on this ?

Question #2

Any referrals for Hard Money lenders in Florida that are wiling to work with a newbie flipper offering decent terms? maybe even willing to put closing costs towards the loan ?

Question #3

How do you usually fund/pay for your holding costs?

Question #4

Is there any other variables I should be considering for this being an off-market wholesale deal ? and do i need a buyers agent ?

thanks alot in advance for anyone willing to help!