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Updated over 3 years ago,

User Stats

56
Posts
14
Votes
Stephen Bennett
  • Contractor
  • Raleigh, NC
14
Votes |
56
Posts

Charlotte, N.C. Hard Money Lenders

Stephen Bennett
  • Contractor
  • Raleigh, NC
Posted

My wife and I have been saving for our first flip, and we are finally ready to take the next step! I have a long history in the carpentry field, and plan to do most of the renovations myself, unless it makes more financial sense to sub it out. I've been educating myself with J.Scotts book, running numbers on random properties, and feel like I'm ready... Next Step Setting Up Funding! We have a savings of $30,000, but no real experience flipping. Like I said before I have plenty of experience doing renovations, but we need to speak with a Hard Money Lender that supports first time flippers. Does anyone know of such HMLs? We are located in the Charlotte area. Should we stay local when choosing a lender? Any other advice that may not pertain to HML is also greatly appreciated as well!

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