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Updated almost 6 years ago,
Funding Down Payments to Scale?
Hi BP Friends! If you are doing 10+ deals a year, how are you financing your down payments?
Are there other creative ways to raise the money for the equity? We have 7 years experience and proven track record, construction capacity to flip a few dozen or more a year, and we have funds to handle about 10 projects at a time, but we don't want to lose out on good deals because we are "strapped" for cash for the down payment portions.
Hope to hear what everyone is doing.
We have commercial banks, HM Lenders, friends and family, and our own cash all being put to work...