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Updated almost 3 years ago on . Most recent reply

Aaron Leger's profile image
Aaron Leger's profile image
Aaron Leger
  • Member since Sep 23, 2021
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17
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Aaron Leger's profile image
Aaron Leger's profile image
Aaron Leger
  • Member since Sep 23, 2021
Connect
Aaron Leger
7
Votes |
17
Posts
Private Lending & Conventional Mortgage Advice

Need a loan to finish a flip, help!

Aaron Leger
Posted

Hello everyone,


I own a home that I intend to flip (yes, OWN). It is gutted and half way through frame and ready for foundation work. About out of cash, 110k to complete (parts and labor). Make about 55k a year after taxes, but 1099 and haven’t been doing it long enough for conventional loan. Options? Isn’t there something like a cash out? Help! Contractors all quoted and lined up just need money!

Worcester, Massachusetts
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