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Updated about 8 years ago on . Most recent reply

William S.'s profile image
William S.'s profile image
William S.
  • Rental Property Investor
  • from Overland Park, KS
  • Member since Aug 18, 2015
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William S.'s profile image
William S.'s profile image
William S.
  • Rental Property Investor
  • from Overland Park, KS
  • Member since Aug 18, 2015
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William S.
  • Rental Property Investor
  • Overland Park, KS
234
Votes |
492
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Creative Real Estate Financing

Options for $25k Renovation

William S.
  • Rental Property Investor
  • Overland Park, KS
Posted

For my next deal I am going to be using the BRRRR strategy. I have private funding for the cash purchase but will need $25k for renovations. Other than private/hard money what are my best options? My thinking is it is a possible combination of the following:

- Credit cards: use my personal or get a new business card? Any recommendations?

- Line of credit from a local bank or credit union (Milwaukee)

- Lending club?

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Paul Gottshall's profile image
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Paul Gottshall
  • Real Estate Investor
  • from washington, il
  • Member since Oct 4, 2014
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Paul Gottshall's profile image
Paul Gottshall's profile image
Paul Gottshall
  • Real Estate Investor
  • from washington, il
  • Member since Oct 4, 2014
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Paul Gottshall
  • Real Estate Investor
  • washington, il
11
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Paul Gottshall
  • Real Estate Investor
  • washington, il
Replied

Home equity line of credit (HELOC) if you've been in your house for awhile

  • Paul Gottshall
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