Question on money to fix a rental
Thank you all in advance, I am looking to get started in purchasing some rentals in my area. Ive been watching the videos and I think I have a couple of great possible first buys. The catch is on both is they need new roofs. both are in great need of repair, the estimates Ive gotten back are in the 20 K range. My question is, what is the best way to finance this? I have the money for the down payment of current price, I would hope to get it cheaper, but I do not have another 20K on hand to put new roofs on them. Can I wrap those into the actual loan? what is the best way to attack this. Thanks again