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All Forum Posts by: Reginald Marcano

Reginald Marcano has started 1 posts and replied 1 times.

Post: In search of HML - new to fix n flip

Reginald MarcanoPosted
  • Rental Property Investor
  • Santa Clarita, CA
  • Posts 1
  • Votes 0

I'm not new to Real Estate by any means but I want to get started on fix and flips here in SoCal but I'm looking for a HML that will work with me for all my deals. I'm a Realtor so I'll be listing the properties myself immediately after rehab, is 100% purchase price + 100% rehab from a HML really that hard to come by? In this LA market, well priced homes don't stay on the market for more than a week or two

I’ve got a rental property with a lot of equity in it but not willing to cash out that equity, in other words I’m trying to do my first deal with as little money out of pocket as possible. 

Any input is greatly appreciated.