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Updated over 7 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Professional
  • from San Francisco, California
  • Member since Jul 30, 2017
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Professional
  • from San Francisco, California
  • Member since Jul 30, 2017
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Account Closed
  • Real Estate Professional
  • San Francisco, CA
0
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San Francisco Real Estate Forum

Question on Loans for Flippers

Account Closed
  • Real Estate Professional
  • San Francisco, CA
Posted

Hello, i live in San Francisco and i wanted to get into flipping homes in the Bay Area. Can i get a loan from a bank if i plan to rehab the property and flip it?

San Francisco, California
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Harjeet Bhatti's profile image
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Harjeet Bhatti
  • Lender
  • from Glenview IL- CDLP NMLS#230554
  • Member since Apr 21, 2015
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Harjeet Bhatti's profile image
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Harjeet Bhatti
  • Lender
  • from Glenview IL- CDLP NMLS#230554
  • Member since Apr 21, 2015
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Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
747
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2,374
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Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
Replied

@Charles Burkeen  You can get home style or 203k loan for renovation for primary residence. If for some reason you want to sell lender can't do anything but as I said they don't like to keep short term loan on the books.

  • Harjeet Bhatti
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