House Hack with Conventional Loan Needs Rehab

[Daniel Carty]

My wife and I are buying a Duplex with a conventional loan 15% down. It needs about 60k of rehab. Is there a way to finance the rehab?

[Dan Weber]

@Daniel Carty you have a couple of options. You could reach out to Hard Money Lenders. Do you have any wealthy friends or family that would act as a Private Money Lender? Do you have a primary residence with equity that you could take out a HELOC with? Could you take out a loan against a retirement plan (penalty free) and pay it back with interest into that retirement account? Hope that is helpful! If you don't know any local lenders, I'd suggest going to your next local networking group and asking around. Good luck!