Many people want to get into the lucrative business of house-flipping — buying a "fixer-upper" property, fixing it up, and selling it quickly. It can be a great way to set up an income for life. But, as with any business, house-flipping comes with its own challenges. One of the first obstacles new flippers face is finding a mortgage lender who will work with you.
If you've had trouble getting financing from traditional lenders, it's time to look into private money lenders.