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Updated almost 10 years ago,

User Stats

46
Posts
11
Votes
Jeremy Fields
  • Real Estate Agent
  • Ivy, VA
11
Votes |
46
Posts

Finding money for major renovation flip

Jeremy Fields
  • Real Estate Agent
  • Ivy, VA
Posted
I have come across several potentially profitable flips and can either get a loan from the bank or have the seller finance the purchase however cannot find a way to get the money for the renovations? Hard money lenders want to do a loan on the purchase plus renovations, but with their loan to value ratio requirements there is still not enough? Where else can I turn? Been diligently working on a private party loan...nothing yet.

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