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Updated about 12 years ago on . Most recent reply

Alex R.'s profile image
Alex R.'s profile image
Alex R.
  • from Bakersfield, California
  • Member since Jan 12, 2013
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Alex R.'s profile image
Alex R.'s profile image
Alex R.
  • from Bakersfield, California
  • Member since Jan 12, 2013
Connect
Alex R.
  • Bakersfield, CA
7
Votes |
128
Posts
Rehabbing & House Flipping

What would be the best option for financing the first flip? is it ...

Alex R.
  • Bakersfield, CA
Posted

Going to institutional lenders such as banks and mortgage companies or private money lenders (hard money)

And what does it take to qualify for each with no previous experience

or any other option that you may recommend will be greatly appreciated

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John Mireles's profile image
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John Mireles
  • Landlord
  • from San Diego, California
  • Member since Jul 1, 2012
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John Mireles's profile image
John Mireles's profile image
John Mireles
  • Landlord
  • from San Diego, California
  • Member since Jul 1, 2012
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John Mireles
  • Landlord
  • San Diego, CA
49
Votes |
129
Posts
John Mireles
  • Landlord
  • San Diego, CA
Replied

Just go to a mortgage broker. No experience necessary. Just 20% down, decent credit and steady income is all that you'll need.

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