How do I hold & rehab without using a hard money lender?

[Kathryn Carter]

Most hard money lenders are requesting down payments, which I do not have, but I believe I have a really good residential home in a great school district. I really want to hold on to this property, rehab and then flip. The estimated value is 115K and I am purchasing at 47K with very little work needed. Are there any hard money lenders with no down payments, no upfront fees that will loan on value only? Without credit am I limited to wholesaling only?? 

Thanks to anyone who responds

Kathryn

[David Boykin]

Your best bet might be to find a partner for this deal since it sounds like you should have room for splitting the profits and you'll need cash to rehab it anyway. Otherwise, you might look to a line of credit or even credit cards. If you get a few good cards with cash advance promotions, you might even get cheaper money than you can with a loan. If neither of those options work, wholesaling would not be a bad option either.