Best way to finance a rehab

[Madison Heck]

My investment partner and I are looking to close on a property around $200,000 in value. We have enough capital for the down payment + closing costs (≈$50,000) but are trying to figure out how to best fund our rehab.

We are assuming a rehab cost of between $20,000 and $40,000 because we will want to add some significant value to the property before we refinance.

Is a short-term construction loan the best option? Or can we get better rates/returns by getting a little more creative?

We're looking to follow the general BRRRR method with this property and those going forward.

Thanks!