Looking to learn. How have you scaled flipping with financing and systems?

[Robert Frazier]

All of my investing has been in re-development and I’m looking to learn the flipping business for income.

I can see the process and opportunities for properties worth flipping, but I’m trying to see the way to build a business around flipping for income while I work on larger re-development opportunities.

where have you learned financing and operations?

[Zachary Deal]

Most investor utilize short term hard money debt to scale their flipping operations where the lender will fund 80+% of the purchase price and the rehab budget which can allow investors to work on multiple projects at once. Typically there are no prepayment penalties on hard money loans, so you can limit your holding cost if you're able to quickly complete the project and sell or refinance in a few months. If you're looking at the BRRRR strategy DSCR rate and term or cash out refinances are an easy way to refinance the hard money debt.