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Updated over 4 years ago,

User Stats

5
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0
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Abu Haq
  • Huntington Station, NY
0
Votes |
5
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When do i talk to hard money lender?

Abu Haq
  • Huntington Station, NY
Posted

Hi,  I will get straight to the point.

First flip.

Im looking to purchase property around december and rehab through the winter. List early spring and sell asap.

i created a llc and opened a buisness account with 200k. 

1.When should i contact lenders ? 

Do i wait till i have a property in mind and draw out a plan/proposal , ? 

or can i get pre approved now ? And how? 

And 

2. How important is taxreturns ? If i dont have it.  

I want the loan on the LLC

But obviously its brand new and no history but a nice chunk of funds in the account. 

Thank you for your time ! Any feed back is appreciated 👍

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