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Updated almost 6 years ago on . Most recent reply

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18
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3
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Sandi L Williams
3
Votes |
18
Posts

Advice Needed On Financing.

Sandi L Williams
Posted

I went thru a hard money lender for my first fix and flip, I almost have my flip completed.  The hard money lender is great actually.  My problem is I just found another house and the profit I could walk away with is about $90,000.  I don't have the 5% to come up with again for my hard money lender until I sell the house I'm doing, I didn't expect to find this great deal, but my realtor sent it to me.  Does anyone know how I could structure to get this done?  I would be willing to split profits or anything.  Thanks.

Most Popular Reply

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303
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Christopher Lombardi
  • Developer
  • Point Pleasant Beach, NJ
216
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303
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Christopher Lombardi
  • Developer
  • Point Pleasant Beach, NJ
Replied

@Sandi L Williams, you must have some friends or family who has the 5% you need to purchase it, no?   

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