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Updated about 2 years ago,

User Stats

27
Posts
12
Votes
Cameron Johnson
  • Investor
  • Fayetteville, AR
12
Votes |
27
Posts

How do I use loan to value to cover entire flip costs?

Cameron Johnson
  • Investor
  • Fayetteville, AR
Posted

I have several potential flips going and every local bank I speak to wants around 80% of the ARV of the property or 90% of the cost, whichever is lower.

My issue is that the 90% loan to cost is always the lower of the two, which means they will require significant investment of money on my part, which I dont want. 

Is there any way around this? Most of these flips have good profit margins, they arent particular risky deals but I want to limit my investment of money to a minimum. 

Thanks!

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