Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Funding first flip, how to get reno funds?
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?