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Updated about 8 years ago on . Most recent reply

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5
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Joey Aguilar
  • Phillips Ranch, CA
0
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5
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financing for beginners?

Joey Aguilar
  • Phillips Ranch, CA
Posted

Hello BP, I'm new to REI. The question I have is where people, who have no deals under their belt yet, would receive financing for a flip project. If I were in a loaner's shoes, my first thought would be run, haha! Seriously though, my biggest fear is if I were to finally find that great looking opportunity, I would not be able to capitalize on it due to lack of funding. How would I look for lenders? What is the average percentage rate in California? Should I post a possible opportunity on BP? So many questions and fears as a beginner.

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