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Updated about 3 years ago, 10/24/2021
Additional funding needed for a flip (quesiton)
I'm working on 2 houses that due to unforseen circumstances I will need $10k more for each house.
In your experience if I reach out to my hard money lender can they increase the rehab amount on the loan? For some reason I doubt that's possible because we have a set amount and we've already signed all the paperwork. What options do I have besides coming up with the money myself?
Anybody else ran into the same situation, any advice would be appreciated.
Thank you
Eric Michiels