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Updated over 11 years ago,

User Stats

39
Posts
2
Votes
Romica P.
  • Seattle, WA
2
Votes |
39
Posts

Rolling over profits from a flip

Romica P.
  • Seattle, WA
Posted

I'm getting geared up to work on a new fix and flip project here in my local area in WA. I've done a couple of flips before out of state but we purchased the properties free and clear. Here, we would obviously be using hard money lending to finance the cost. I know that many flippers roll their profits over onto their next flip but what's the difference between keeping the profits and using HML again to finance another flip?

Would love to hear some different perspectives.

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