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Updated over 4 years ago,
Ways to finance Rehab Costs
What are some options that I can use to finance the rehab of a property? I am looking to purchase my first property to flip. My plan is to use a traditional mortgage to fund the payment and I have an adequate reserve of cash for a down payment. I don't have a specific property in mind yet but I am trying to line up the financing and have a basic idea of where to look beforehand so I am ready to go when I do find a deal. I may also reach out to some potential partners but seeing as this is my first house and I have zero experience, I am operating under the assumption I will be doing this first deal by myself.
Additionally, I plan on doing this first house renovation without contractors if that is relevant information for where I can get financing.