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General Real Estate Investing

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Tracey Steele
  • Real Estate Investor
  • Illinois
3
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39
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Construction Loans vs. Business/Personal Line of Credit

Tracey Steele
  • Real Estate Investor
  • Illinois
Posted Mar 22 2016, 22:16

Hi BP Community - What is the general consensus on obtaining a construction loan vs. using a line of credit to finance property renovations? The current property requires some rehab, but it's an investment property, so a 203k loan would not work. 

What have others done to finance construction for investment property?

Thanks!

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