Cash out on Fix and Flip before starting the project.

[Rahul Gupta]

Hello,

How does a delayed financing work and how is it different than using a hard money lender from the start of the deal?

I have done just about 4 flips so far and the idea is to be able to leverage the cash at hand. The deals I usually go after are the ones where the property value is between 50-70k and rehab of 20-30 k, so def under the 100k mark.

I have tried different avenues as well, but is it true that most of the times lenders don't do it for fix and flips, but rather in a long term rental loan situations.

Thank you