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Updated almost 3 years ago,
Best way to finance first project
Good morning everyone. Over the past couple of weeks I have been reaching out to multiple different hard money lenders as well as conventional lenders. I am a new investor with about a year of real estate experience as an agent. My wife and I are looking to invest within real estate between fix and flips and fix and hold properties. We have completed a renovation but it was on our primary residence which no hard money or conventional lender will consider experience. What I am hearing a lot is that I need to team up with a already established investor in order to obtain financing for a fix and flip. Are their any companies out there (hard money or conventional) that have programs that tailor to this situation? Also, if anyone has any advice for financing your first deal that would be greatly appreciated. Thanks!