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Updated over 6 years ago,

User Stats

6
Posts
3
Votes
Ty Miller
  • Real Estate Agent
  • Kansas City, MO
3
Votes |
6
Posts

Using a Hard Money Lender for first fix and flip deal?

Ty Miller
  • Real Estate Agent
  • Kansas City, MO
Posted
Hello I’m 23 and new to Real Estate Investing and currently looking for my first fix and flip deal and I’ve been hearing about investors using hard money lenders to fund their investments. I was wondering if it is a good move for a newbie and what is the process of dealing with them (as in how to reach out to them to do business in the first place) I know they charge a 10-12% interest and some even charge points too but if the numbers are right will they fund the deal or is it more to it?

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