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Updated almost 10 years ago,
In need of some loan advice please!
Hello everyone thank you for taking the time to read my post. Well, like I have mention on other post that I am trying to get my first fix_n_flip soon. I have been looking for some financing, so I went to my bank and applied for and FHA loan and they qualified me. I know that the bank is not going to provide me with any cash for remodel but I am going to partner with a friend that is willing to provide the financing. My question is, would this be a good idea and legit way to finance my first investment through an FHA loan?
Thank you,
Andy