Fix and Flip Loans for Beginners

Fix and Flip Loans for Beginners #q&a

Some lenders say they will not lend on a fix and flip loan if I have not completed a flip in the last 24 months.

I have great credit, money in the bank, and should meet all of the general requirements except “experience.”

Beau, are there lenders out there that will fund newbies on fix and flip projects?

All the best,
Amy

Timestamps
[00:24] Are there lenders that will fund fix and flip projects for newbies?
[01:31] Beau’s advice to newbies to be funded by lenders on fix and flips
[01:03] Keeping your gross loan amount under 70 to 75 percent
[01:10] Having good comparable sales handy is another good tip
[02:10] Fix and flip masterclass for beginners
[02:20] Watch this video https://youtu.be/wJYLFy_VP74 to learn all about finding good house to flip, how to fund them, and then how to follow through and can your fix & flip projects finished
[02:35] Doing non-structural things is easier than a big construction project

If you'd like to ask me a question about real estate, do it here -- https://investorfinancingpodcast.com/ask

Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

💥 Thanks for watching 💥
#fixandflip #fixandfliploans

_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
_________________________________________________________________________________________________

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.