06: How to Finance a Fix and Flip w/ Dan Chapman

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Today’s guest is Dan Chapman from Fairway Independent Mortgage.

We talk about how to finance a fixer upper, the difference between construction and fix and flip construction financing, when is a fixer not eligble for conventional financing, what is an escrow holdback, the biggest mistakes on fix and flip deals, transactions under $400K no longer need an appraisal, and a fall 2019 mortgage intrest rate update.

You can find Dan on Facebook Dan Chapman Loans

Also mentioned on this episode:

Dan’s Website: www.danchapmanloans.com
Dan’s LinkedIn: https://www.linkedin.com/in/danchapman7/

Dan Chapman
Mortgage Advisor
NMLS# 70767
CA# CA-DOC70767
CO# 100037646
WA# MLO-70767

4020 Lake Washington Blvd NE, STE #202
Kirkland, WA 98033

Direct425.503.3209
danc@fairwaymc.com

Sean Reynolds

Sean Reynolds

The Owner and Designated Managing Broker of Summit Properties NW and Reynolds & Kline Appraisal.

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