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Updated about 13 years ago, 11/08/2011
Young Investor Fix and Flip Advice?
I am brand new investor and have been doing research on the various types of investing. After everything I have read I am leaning towards Fix and Flips. I have various contacts and can get pretty good deals from contractors. My only problem is I am stuck as to where to get financing. This is a tough market to start out in and many banks in my area won't even think about lending to an investor. I have heard about Hard Money and Private Money but do not know much about either. Is there a difference between the two? Is one easier to get than the other? Any advice on financing or just getting started in general would be greatly appreciated.