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Updated over 5 years ago, 05/02/2019

User Stats

23
Posts
2
Votes
Mark Weinberg
  • Rental Property Investor
  • Largo, FL
2
Votes |
23
Posts

Using a Fix and Flip Loan for a Buy and Hold strategy

Mark Weinberg
  • Rental Property Investor
  • Largo, FL
Posted

I have found a fix and flip lender online that will provide 100% financing for a property and then provide 90% of the rehab costs.  What I would like to do is get the property financed 100% by the lender, don't do any rehab on the property since the property is in good shape, and just refinance the fix and flip loan to a long term mortgage.  Is this possible to do? 

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