Experienced Flippers How are you scaling the business??

[Ashley Larsen]

Hey BP, 

Have any of you used gap funding for your flips to cover the closings costs so you can scale and do more at a time or what are you doing?  I can do about 2 at a time but the closing costs and budget overages kill the scale aspect of it for me for me to do more.  

[Chris Tarpey]

We use a combination of hard money and private money. This has allowed us to scale exponentially, and essentially flip houses with $0 of our own money. Sure we sacrifice some profit by doing so, but it allows us to take down 4-5 deals a month.

Definitely recommend using OPM to scale.