WWYD? Buying a home cash!
Hello all,
I need some help/advice. I’m purchasing a home in cash for $155,000. I’m rehabbing the house for $90,000. The problem is after buying the house in cash I’ll only have $20,000 left over and will be short $70,000 for the rehab.
My intention is to BRRRR. I was thinking of a personal loan as an option. Am i able to get a heloc, then do a cash out refinance ?? What's the best way to get ahold of the $70,000 without bringing in a partner?