First fix &flip funding question

[John Paul]

Hey guys so I have a quick question , my friend and I have finally decided to pull the trigger and buy our first flip . To keep things short and sweet I wanted opinions and how I should fund my portion of this flip . Some background I inherited a property in downtown bk along with my brother and sister that’s worth around 3.7 a couple of years ago . I decided to turn the property into a duplex so I refinanced for 420k and the gross rent is expected to be around 10k a month for the rental ( work is still ongoing ) . My question is liquid I’m kind of strapped right now but I do have a lot of equity in this Brooklyn property , do you guys think I should see about maybe a heloc on the property to fund this deal or maybe look for a non traditional lender . Any input would be greatly appreciated

[Emmanuel A Gomez]

sent you a request to connect