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Updated about 7 years ago on . Most recent reply

User Stats

11
Posts
5
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April Thibodeaux
  • Branford, FL
5
Votes |
11
Posts

Looking For First Project, Should I Find Funding First or After?

April Thibodeaux
  • Branford, FL
Posted

Hello everyone, I am keeping an eye on local listings to see if anything amazing catches my eye while I learn more about REI. Now, if I do see a deal that I believe will make money after looking at the numbers, should I try to find someone interested in funding it? Or should I be looking for those people now so I can call when those deals come up? I apologize if these seem like stupid questions but I want to succeed here.

I have looked at private money lenders but it seems it will be difficult to get someone to pay 100% purchase and rehab being that this is my first flip. I believe I would have to use hard money, so if anyone has suggestions for lenders you have used please share. Any information is welcome, thanks!

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