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Updated almost 5 years ago on . Most recent reply
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how do buy and hold investors pay for up front rehab
Wondering how buy and hold investors usually pay for minor rehab after they purchase properties. Jobs like paint and landscaping etc maybe $5k - $15k jobs. Do most investors pay cash out of savings when they buy these properties or are these financed in any way? In this example I am not thinking bigger projects like you might expect for the BRRRR strategy.
thanks!
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@Brad Van Epps I’m a very small player in this game but I pay cash for those repairs. I try my best to avoid being over leveraged so I should always have cash for small repairs.
In one case I did use 0% credit cards (for 18 months if I remember correct) because I just couldn’t pass up that rate.