All Forum Posts by: Brooklyn Cartwright

I just stumbled upon a property that looks like a potential amazing investment but needs A LOT of work. I can do a HELOC on my primary residence and have access to about 60k in captial and the property is 215k. My question is, whats the best way to finance it- I can use the HELOC for down payment for a conventional loan, but then how would I have the funds for the rehab? Is that where hard money or private loans would come in? Just trying to wrap my head around the best way to structure it. My plan was to rehab the property and then rent it and cash out refinance to begin BRRRR cycles. Any help or knowledge here would be greatly appreciated!