How Would 90% of PP Impact Your Fix and Flip Projects?

[Robert Garcia]

What’s holding you back from starting your next fix & flip project? Would 90% of the purchase price help you get it off the ground?

[Ryan Konen]

Many investors hesitate to start their next fix-and-flip project due to barriers like limited funding, uncertainty in market conditions, lack of experience in estimating renovation costs, or fear of unexpected delays and expenses. Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.

[Chris Seveney]

@Ryan Konen

That is a significant amount of leverage and can make it very challenging to make $ on. If you are doing the work and labor it reduces some of the risk but to me we won’t let at that high a ltv