Seeking advice on how to obtain funding for a flip during COVID

[Shellia Jefferson]

Hi BP -

I'm Shellia and am new to house flipping (getting my feet wet) but wanted to gain some insight. 

I would like to receive advice on how to obtain funding to flip a home within the COVID-19 climate!

How did you obtain your first property pre-COVID? What differences are you experiencing post-COVID?

Your advice is welcomed.

Thank you!

[Meredith Burt]

I can't speak to financing a flip specifically, but we recently refinanced a BRRRR duplex here in Oklahoma, starting the process just after quarantine began. I called several lenders and got all the details on what exactly was needed until we found a good fit for the project. We ended up going with a local credit union, second best option was a regional bank. Phone calls and emails are easy and free! Now is a great time to gather info and get educated so you'll be ready when an opportunity comes.