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 about 2 years ago,
How do I use loan to value to cover entire flip costs?
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!