Funding a buy & hold property?
Hello BP family,
I'm a wholesaler from New Jersey and I recently got a small commercial building under contract. I thought to myself what a great property to start building wealth. I've gotten seller to agree to a pretty cheap offer. But if I wanted to actually purchase the property to hold, how would I fund the repairs?
I know hard money lenders are used for flipping purposes, but what if I wanted to rehab and keep the property for cashflow?