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Updated over 6 years ago on . Most recent reply

Bryan VanGorden's profile image
Bryan VanGorden's profile image
Bryan VanGorden
  • Investor
  • from Strasburg, Virginia
  • Member since Mar 22, 2016
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Bryan VanGorden's profile image
Bryan VanGorden's profile image
Bryan VanGorden
  • Investor
  • from Strasburg, Virginia
  • Member since Mar 22, 2016
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Bryan VanGorden
  • Investor
  • Strasburg, VA
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General Landlording & Rental Properties

Maxed out credit. Need 25k for rehab.

Bryan VanGorden
  • Investor
  • Strasburg, VA
Posted

Bad tenant. Went through eviction process. Got property back needing about 25k of work to sell. Wife wants to sell. I could fix it up to rent again and have a $350 a month positive cash flow. Owe $80,000. If I put $25k into it, it would sell for 155,000. I don’t have 25k, my credit is maxed out. What are my best options?

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