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Updated over 8 years ago on . Most recent reply

Ian C.'s profile image
Ian C.'s profile image
Ian C.
  • Investor
  • from Rochester, NY
  • Member since Jun 1, 2014
  • Posts 18
  • Votes 4
  • Experience 12 Yrs
  • Investments 2
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Ian C.'s profile image
Ian C.'s profile image
Ian C.
  • Investor
  • from Rochester, NY
  • Member since Jun 1, 2014
  • Posts 18
  • Votes 4
  • Experience 12 Yrs
  • Investments 2
Connect
Ian C.
  • Investor
  • Rochester, NY
4
Votes |
18
Posts
Rehabbing & House Flipping

funding options

Ian C.
  • Investor
  • Rochester, NY
Posted

I'm looking at options for funding my first fix/flip or BRRR, and wanted to see what experience the forum has with some of these private money lending companies that finance purchase and rehab costs. I'm most likely going into this as an LLC so also wondering how that affects things.

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Rosston Smith's profile image
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Rosston Smith
  • Investor
  • from Warner Robins, GA
  • Member since Nov 27, 2015
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Rosston Smith's profile image
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Rosston Smith
  • Investor
  • from Warner Robins, GA
  • Member since Nov 27, 2015
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Rosston Smith
  • Investor
  • Warner Robins, GA
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Rosston Smith
  • Investor
  • Warner Robins, GA
Replied

Funding options:
1. Hard money
2. Private money
3. Conventional
4. Seller financing
5. FHA loan
6. 203k loan

Regarding LLC, avoid it for now. Get an umbrella policy.

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