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Updated about 4 years ago, 09/22/2020
Funding Rehab or Where do you find capital after your mortgage?
My wife and I feel super comfortable understanding the mortgage process but are tentative to jump into an investment before we understand how to fund all the rest of it (assuming our purchase will not be turnkey). Where do you find funding? Do you use your own cash? If so, how much? What if you are investing out of state and want to put in sweat equity? How do you pay for tools and materials? Do we need to buy a truck too? We've heard a great deal about getting INTO a deal but what about what happens immediately after closing?