Fix and Flip Financing in Boston, MA

[Timothy Martin]

Hello Everyone!

I am new to the forum and just recently started diving into the BP podcast and community. I didn't think it would happen so fast, but I was driving through a residential area near where I live and spotted a house for sale by owner on a low traffic street. I knew right then and there I needed to pursue the deal. I have since been in contact with the seller and am expected to have a phone call with them soon to plan a visit with my contractor to assess the work that would need to be done. As far as financing goes, I need to look into low and no-money down options, and was hoping to get leads on reputable, trustworthy HML's in the Boston, MA area and any other suggestions on creative financing strategies for fix and flips!

Thanks in advance!

[Charlie MacPherson]

@Timothy Martin  Congrats on driving for dollars success!  

I'd talk with @Ann Bellamy for lending.

When your rehab is done, talk with me about marketing the property to get top dollar for it.

Pro tip - be sure you look at whether the property is on town sewer of private septic system.  A failed septic can run anywhere between $25,000 and $50,000.  

Pro tip #2 - be absolutely sure you have a solid handle on the ARV. Call me if you want help with it. This is where a lot of people get hurt.