All Forum Posts by: Alyssa Davis
Alyssa Davis has started 7 posts and replied 11 times.
Post: Financing Rehabs with a 203k loan verse a line of credit

Alyssa DavisPosted
- Posts 11
- Votes 5
I am a new investor looking to buy my first property in the near future and planning to use the BRRRR method. Currently I'm reading Brandon's book, The Book on Investing in Real Estate with No (and Low) Money Down and was introduced to the concept of a 203k loan.
My question is: What are the benefits of taking out a line of credit vs a 203k loan in order to fund the rehab of a distressed property and vice versa?