Читать книгу Flipping Houses For Dummies - Ralph R. Roberts - Страница 92

You’ve probably seen those commercials in which a couple goes online to submit a request for quotes from various lenders. The lenders descend on the house like a flock of fawning suitors and grovel to win the couple’s favor. Funny, yes, but realistic? Not quite. You still need to perform your due diligence by checking the numbers, as I explain earlier in this chapter.

I recommend that you stay close to home when borrowing money to finance your flip, especially when you’re first starting out. Local lenders are typically more motivated and capable of servicing your loan, and they can work with you more effectively if something goes wrong.