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Updated over 5 years ago on . Most recent reply

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Claudia Rhoden
  • Lithonia, GA
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How to Fund a Rehab on Investment Property

Claudia Rhoden
  • Lithonia, GA
Posted

If I’m trying to buy an investment property using the buy and hold strategy & rent it out, how can I fund the rehab if i only have enough for the Down Payment?

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Will Barnard
  • Developer
  • Santa Clarita, CA
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Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorReplied

Lots of options. You can get a private money second position loan, a purchase loan which also has a renovation loan attached to it, hard money (though most won’t do second position), money partner, credit cards, line of credit from some other asset, . . . . . Or even seller financing.

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