Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago on . Most recent reply

What type of financing would be right for me?
I am just finishing up my first house hack 2 year flip and am looking to flip homes in Sacramento full time. With the money I will make from my first deal, along with private money from my parents and business partner, I will have roughly 100k in funding for a flip. A flip in this area will require atleast 3 times that. With that said, where should I look for more financing options? This isnt my first experience with buying and rehabbing per say, however it will be my first deal with a quick turn around. I have some contacts labeled "private money lenders" from the REI by @David Oldenburg networking list however because I dont know what to expect, or how to approach a lender, I havent made those calls yet. Any advice on how to handle this conversation and what a potential lender is looking for would be great.
Most Popular Reply

@Brad Farmerit is easy just call and say hey I have a deal I want financed. How much money can I get from you? I know of plenty hard money brokers that only want 10% down and will finance the rehab costs . If the house is not too bad , I know of lenders that will not charge hard money rates. Just send an email or pick up the phone and ask for money and they will fund.