If you’re thinking about starting a home flipping project, few things are more important than seeking the right loan from the right lender. Unlike a normal mortgaged house purchase, a fix and flip project requires you to cover the cost of the house as well as the cost of the renovations needed to ensure a profitable sell. Running out of money in the middle of a flip is disastrous, and taking out a loan that is far too large can put you in an uncomfortable financial position.
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Financing Your Fix and Flip: What to Remember When Calculating Your Loan
