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Updated about 6 years ago on . Most recent reply

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11
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2
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Kevin Suttles
  • Fort Lauderdale, FL
2
Votes |
11
Posts

Guidance on the best option to fund rehab

Kevin Suttles
  • Fort Lauderdale, FL
Posted

So I need some advice on different ways to fund a rehab. I have enough capital for a down payment however, I want to avoid using all of my capital preserve for one property. What would be the best route to take to address this issue?

Most Popular Reply

User Stats

397
Posts
318
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Amy Kendall
  • Real Estate Broker
  • Lehi, UT
318
Votes |
397
Posts
Amy Kendall
  • Real Estate Broker
  • Lehi, UT
Replied

A hard money lender is always an option. Along those lines, if you have contacts with other investors/family you could always offer them a fixed return on their money. A HELOC is possible if you have some equity in your home you could tap into. If none of those are possible and the deal is on the line, try posting the specifics and exactly what you need. Maybe someone is willing to partner with you for the deal.

  • Amy Kendall

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