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Updated almost 9 years ago,
High School student flipping houses to pay for college!
Hello everyone!
This is my first post and although I am young, I am not a newbie to real estate. After looking into all forms of investment, I currently have decided to pursue a house flip in South Florida. I have 50k to invest but am looking at houses costing 150-170k including remodel costs. I know the tips and tricks and the basics to flipping a home(buy right, low interest, 70-rule) but I need help in one are: Loans.
What is my best option as far as loans for flips? She was successful in real estate before but in 2008, her tenant stopped paying and her credit got lowered so we need an alternative option to banks. If you can suggest a great private loaner in SF, I would really appreciate it.
Thank you!