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Updated almost 2 years ago on . Most recent reply
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Real estate questions!
Hey guys! I just joined yesterday due to the book I was reading (the book on rental property investing). Just a little background of myself, I’m currently 21 years old and I am a contractor. My dad owns a improvement business, and would LOVE to get into fix n flips. The only thing is, I make about $40k a year and have some savings but not a lot. My question is, how would I get the finances to do a fix and flip? Should I go through a bank or a hard money lender? Will they even accept me with the income I have? We would be doing all the work ourselves as we have team of reliable tradesmen and would love to start. Thank you so much!