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Updated over 6 years ago,
Financing options with new job
I just sent out letters to owners of vacant houses in my city.
But I have a l new job paid via commission , but solid hourly wage work history. I have good credit 740+ and very little debt. 20k to put toward deal.
I would like to flip or brrrr when I find a deal where the numbers work. My trouble is how to refinance from a hard money loan with my job situation. I don't want to just even do a flip with out a back up plan to get out of a hard money loan
What are some options to look into?
I've thought of 3 so far
Seller financed deal
Credit union
Partner with someone who can get conventional financing.
I would appreciate any input thanks!