Comments on: House #2 Closed: Sort Of http://www.flipthyhouse.com/2008/06/03/house-2-closed-sort-of/ House Flipping Advice and Home Renovation Projects Wed, 15 Apr 2009 12:55:15 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Joe http://www.flipthyhouse.com/2008/06/03/house-2-closed-sort-of/comment-page-1/#comment-856 Joe Thu, 12 Jun 2008 14:37:28 +0000 http://www.flipthyhouse.com/?p=170#comment-856 Hello, I'm a big fan of this site, I really find a good deal of information here and it's really made me think twice about what goes into a flip. I was wondering if you might be able to offer a bit of advice. I found a great property here in PA, it will take a bit amount of work to bring it up to par before being livable. My wife and I have the drive to do this - but trying to find a lender that will allow less than 20% down payment is what's stopping us. The property will probably go for $80k. I know I've heard of 10% down, but the ones we've contacted need property valued over 120k. Any advice? Hello, I’m a big fan of this site, I really find a good deal of information here and it’s really made me think twice about what goes into a flip.

I was wondering if you might be able to offer a bit of advice. I found a great property here in PA, it will take a bit amount of work to bring it up to par before being livable. My wife and I have the drive to do this – but trying to find a lender that will allow less than 20% down payment is what’s stopping us. The property will probably go for $80k. I know I’ve heard of 10% down, but the ones we’ve contacted need property valued over 120k. Any advice?

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