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Updated over 5 years ago on . Most recent reply

Brian Leigh's profile image
Brian Leigh's profile image
Brian Leigh
  • Rental Property Investor
  • from Conshohocken, PA
  • Member since Jan 12, 2011
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Brian Leigh's profile image
Brian Leigh's profile image
Brian Leigh
  • Rental Property Investor
  • from Conshohocken, PA
  • Member since Jan 12, 2011
Connect
Brian Leigh
  • Rental Property Investor
  • Conshohocken, PA
6
Votes |
34
Posts
Starting Out

Personal Loan or HML for BRRRRR

Brian Leigh
  • Rental Property Investor
  • Conshohocken, PA
Posted

Hi BP! I am looking at a few BRRRRR properties that would cost $65-75k to acquire and rehab. If I only have $40k cash available, would you recommend a personal loan or line of credit from a local credit union? Or secure a HML for the remainder needed? Thanks!

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Brian Leigh's profile image
Brian Leigh's profile image
Brian Leigh
  • Rental Property Investor
  • from Conshohocken, PA
  • Member since Jan 12, 2011
Connect

User Stats

34
Posts
6
Votes
Brian Leigh's profile image
Brian Leigh's profile image
Brian Leigh
  • Rental Property Investor
  • from Conshohocken, PA
  • Member since Jan 12, 2011
Connect
Brian Leigh
  • Rental Property Investor
  • Conshohocken, PA
6
Votes |
34
Posts
Brian Leigh
  • Rental Property Investor
  • Conshohocken, PA
Replied

@Jake Stuttgen thanks for the quick reply! I’ll look into securing a line of credit then!

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