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Updated over 2 years ago,

User Stats

77
Posts
42
Votes
Hoa Nguyen
  • Edwardsville, IL
42
Votes |
77
Posts

Funding first flip, how to get reno funds?

Hoa Nguyen
  • Edwardsville, IL
Posted

Hey everyone I have a scenario that I'd like some input in. I have a deal on the table. 
$18K Purchase Price
Reno cost $30k
ARV: $80k

I can finance the initial purchase, but I have no funding for the renovations. I reached out to my initial circle with no luck. I also contacted multiple hard money lenders, all of which have said no due to my lack of experience. I really want this deal under my belt. How do you suggest going about this?

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