Friday, October 12, 2018

How Hard Is It to Get a Loan on a House Flip?

I flipped 26 houses last year and over 155 in my career. There is no way I could flip that many houses without getting loans on them. I have more financing costs when I use a loan to flip, but I make more money overall because I can flip more houses. So how hard is it to get a loan on a house flip? House flipping loans are much different than the 30-year mortgages you get when you buy a house to live in and most lenders will not lend on house flips. There are options for flippers like hard money, private

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