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Updated over 4 years ago,
When do You know you have a good fix and flip deal
I am a hard money lender. I have many clients come to me with poor or marginal projects seeking financing. Some deals I reject as I try to explain that the deal does not make financial sense. Many of these investors say they have mentors yet do not understand what a good deal is. So my question is not for my understanding but more for the new investors. When do you know you have a good fix and flip deal?