Purchased Property for $10k - BRRRR
Just purchased my first investment property (SFH) for $10k. The property is distressed, and I'm estimating it will need about $50k in repairs with an ARV of $130k. I'm looking to turn this into my first rental. What are my best options for funding the rehab? Paid for the home in cash and could cash flow the rehab but don't want to tie up all my cash as we are also looking for a new personal residence at the moment. Not opposed to a HELOC (have access to appx. $150k). Any and all advice is much appreciated!