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Creative Real Estate Financing

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Cathy Bui
  • New to Real Estate
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How to get renovations finances for Rental Property

Cathy Bui
  • New to Real Estate
Posted Jan 7 2023, 09:12

Hi all,

I have a triplex rental property which I do not live in. I wish to do renovations on it. The lenders I've spoken to do not offer HELOC or home equity loans for triplex rental properties. I've only found cash out refinances but I currently have a good rate on my mortgage and don't wish to leave that. Can anyone offer ideas on how I could gain funds for renovations without putting too much of cash into it? Thank you all!

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