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Updated almost 8 years ago on . Most recent reply
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How do people finance 30 rehabs in one year?
I'm looking forward to doing my first. I will have to do one, then use the profits to do the next. I could probably only do 3-4/year this way. For this who rehab way more, how exactly do you finance them?
Most Popular Reply
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Private lenders. Once you have a track record of success, there are lots of people out there who will want to throw money at you for very reasonable rates (8-12%). Many successful investors (myself included) have more money these days than they have deals -- if I could find enough deals, I could easily do 50-100 projects a year without any of my own money.
Focus on learning the business and getting a couple successful deals under your belt. The money will follow...