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Updated over 8 years ago,

User Stats

28
Posts
3
Votes
Sharnell James
  • Investor
  • grand rapids, michigan
3
Votes |
28
Posts

Funding your first flip

Sharnell James
  • Investor
  • grand rapids, michigan
Posted

I have been talking and getting advice from many people and all I hear is I should figure out exactly what I want to get into...well right now I don't want to buy rental properties !! even though I do want to buy rental properties soon but not right now I would like to get into flips...I have been contemplating going to the bank to get a loan because some people say I should go try to get a personal loan or get a small business loan and use that to buy and flip my first home so I've been thinking about it but I'm not really sure yet...money is a little tight since I moved states and have 3 small kids don't make it easier...people also been telling me to just jump right in but that's hard when your funds are low !! What are ideas y'all have for funding your 1st flip ?? How did y'all go about doing it ??

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