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Updated over 3 years ago,
Flip or Flop question I can't figure out.
So last night I'm watching Flip or Flop on HGTV and I noticed he got a hard money loan to fund one of his deals. I was a little surprised by this considering that the show has been on for 11 years and he's flipped tons of houses, I thought he'd have tons of cash for his deals. The purchase price was $1m so maybe he just didn't want to put that much cash in the deal? Would there be a reason you could fund your own deal but still get a hard money loan?
Thanks