Purchasing that First Flip

[Matt Rozzell]

I'm wanting to jump in. Get a flip funded. Don't have a property under contract or anything but wondering what all of your thoughts are on getting funding. I've been talking to personal money lenders and one in particular is saying 100% purchase price with 10% interest only payments for a year term with 1 point first position. I'm thinking about going to a Hard money lender for the rehab costs? Any and all help would be greatly appreciated!