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Updated about 8 years ago on . Most recent reply
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Looking to finance first deal need help
Hello BP!
My name is Josh and I'm new to BP. I've been reading a lot and value the network they have here on this site. I am part of a new LLC located in Indianapolis, IN and my team and I are getting properties to look at daily and are at the stage where we're ready to buy but we are trying to evaluate the best route for financing. We are primarily interested in flips currently with a long term goal of buy & holds with multi-family units.
We have a decent amount of cash/line of credit to use but we're going to need a loan to purchase and finance the rehab of our first flip. Any suggestions on which route to take for financing flips? I should add that none of us will be quitting our full time jobs (yet) ;)
I'm glad to be a part of this community and I look forward to connecting with many of you.
Most Popular Reply
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Josh,
Try Lima One Capital, Lending One, or even Aloha Capital or Bridgewell Capital. I have worked on projects with all of these lenders. I never had any issues with them, nor have I heard anything negative about any of them. PM me if you need anything else.