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Updated about 3 years ago on . Most recent reply
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Obstacle: finding a lender for first time fix & flip / Brrr
Hello Everyone!
I need advice on finding Hard Lenders that loan to a first time rehabber. What paths do I take when lenders require me to have at least 1 flip or Brrr under my belt before they lend to me?
I heard about bringing an experienced investor on board. If that's the only case - how so I split profits?
Most Popular Reply
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There are plenty of lenders that don't require experience. We just completed our first. The lenders were more curious of our numbers than anything else. You may just pay a slightly higher rate.