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Updated over 4 years ago on . Most recent reply

User Stats

16
Posts
2
Votes
Daniel Del Vecchio
  • Attorney
  • Naples, FL
2
Votes |
16
Posts

Ways to finance Rehab Costs

Daniel Del Vecchio
  • Attorney
  • Naples, FL
Posted

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. 

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