Posted by George Murphy on August 26, 2003 at 24:44:35:
Cindy,
If you intend to flip, then you intend to buy, fix and sell all within a short period of time. The longer you wait the less money you’ll make. So yes you could buy more than one house with a hard money lender, but soon you’ll have to complete a flip. Once you do they’ll be more likely to loan more money to you. Plus you’ll be putting some money in your pocket each time. So eventually you won’t have to borrow from anybody!!! That’s the goal!!