Started this discussion. Last reply by WKL David Aug 28. 8 Replies 2 Likes
Hi all,I have a client that would like to purchase a property to flip in Texas. He has great credit and completed 3 flips since 2021. He can only put down 10% and as a broker I have no option for a…Continue
Tags: investmentfunding, theloancenter, funding, rehab, flip
Posted on September 16, 2024 at 3:24pm 1 Comment 0 Likes
I am looking for a source for 90% purchase funding with all renovations financed. The best I have through my own sources is 85%. Here are details:
Home is off market. Client can purchase this house, currently vacant, for $395,000. In decent shape now but client would like to put on a new roof, add new laminate flooring throughout, paint interior and exterior, and upgrade front yard landscaping. Total cost to be approximately $48,000. ARV to be around $530,000.
Client currently…
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