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Updated over 1 year ago,
First flip, need renovation financing advice
I just bought my first property well below market value. According to multiple real estate agents, once renovated it will be worth hundreds of thousands over purchase price. That said, I’ll need to invest about $100,000 into the renovation to get it there. I’ve got about $50,000 to put into it after closing costs and down payment. I put 30% down on the mortgage. Any suggestions on financing the renovation?