New to investing need help funding

[Quaeshun Ross]

I just purchased my first property for 20k the ARV is 85,000 and is going to take about 20k to get it to its full potential. I am look to rent the property out what would be my best source of funding to complete the renovations?

[Alex Deacon]

If you paid cash for the home then you can easily procure a Line Of Credit from a traditional bank or from a hard money lender. Contact your local mortgage broker and bank to get the ball rolling. That would be your first step. The interest rates will be much less from a bank or mortgage company.