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Updated over 2 years ago on . Most recent reply

User Stats

64
Posts
35
Votes
Kyle S.
35
Votes |
64
Posts

Considering buying a live in flip!

Kyle S.
Posted

Hello,

I'm considering buying a live in flip. Not anything major a house that needs for the most part cosmetic.

My question is if I don't want to spend my personal money on the renovation are their loans that would

pay for the renovations if I got a standard conventional loan on the home? So, for the most part I don't want 

to pay for the renovations out of pocket are there any other options? My educated guess is most of these

homes need in the 30k range in renovations.  

Most Popular Reply

User Stats

64
Posts
35
Votes
Kyle S.
35
Votes |
64
Posts
Kyle S.
Replied
Quote from @Dustin Allen:

@Kyle S.

Look into the Home Depot credit card. Some people get the 24 month zero interest deal and just put everything on that card.  Obviously, be aware of the future interest rates and what could happen if you don’t pay it off by the time the promotional period ends.

Thanks, will look into that as never thought about doing that! 

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