Updated over 9 years ago on . Most recent reply
Financing a Fix and Flip
I am currently exploring different ways to finance a fix and flip for a SFR. My current plan would be to fund part of the deal with my personal money and the other part of the deal with a portfolio lender. Does anyone have any suggestions as far as what money I should use where (i.e use my personal money to finance the rehab and use the lender to finance the purchase of the property)? Additionally, where does the financing of the holding costs fall into this equation? Could that be covered through lender financing as well? Ideally, I would like 100% of the deal to be financed through a combination of personal funds and a portfolio lender's financing.