All Forum Posts by: Account Closed

We financed a deal with 100% financing on purchase and construction costs, got a loan at 10%, no points. Had to jump through a ton of hoops to get it, but financial institutions will lend if you've got a surefire winner!

Just curious, do you guys use realtors as managers of the flip process (finding contractors, etc) or are you partnering with someone elsewhere who gets an equity stake in the outcome?

Hi All,

We're a real estate investment corporation (mainly flipping) operating in the Bay Area of California, we've been doing this about 7 years and flipped 200+ houses. We're expanding operations, to work with investors in other locations (guiding them through the flip for a small cut of proceeds), and we're wondering:

A) Does anyone else have experience doing this sort of thing? If so, any issues we should look out for?
B) What kind of interest do you think there is for this sort of arrangement?

Also anyone who has flipped a house remotely, I'd love to hear your experience. Thanks!

Pecuniary