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Rehabbing & House Flipping

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149
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Jessica A. Smith
  • Real Estate Investor
  • Lake Jackson, TX
49
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149
Posts

Raising Funds For Rehab

Jessica A. Smith
  • Real Estate Investor
  • Lake Jackson, TX
Posted Feb 8 2017, 09:03

Happy Hump Day!

Looking for advice on how to raise funds for deals less than 75K. I've reached out to several HML and was shot down due to the project being so small. I have a 2/1 under seller finance which I have a 10K balance remaining. Looking to put in 30-35K into rehab. Houses this size are selling for 86-90K and renting for $700+ easy. Looking to use this as a rental or even house hack it while rehabbing, but the FUNDS. Currently don't have access to a PML within my circle, and now my only option is continue to beef up my personal savings, continue wholesaling, and use of credit cards.

What's your take?

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