Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on .

User Stats

189
Posts
53
Votes
Tim Porsche
  • Investor
  • Denver, PA
53
Votes |
189
Posts

Best Option for Small Rehab Loan Under $40,000 for Flip

Tim Porsche
  • Investor
  • Denver, PA
Posted

Hi All, I just purchased a property to rehab and flip with cash, and would like to finance it now to free up some cash. I only need\want about $30,000 - $40,000 though. What are my best options for this loan amount? I thought of doing hard money, but the minimum loan amount most seem to want is at least $50,000 - $75,000. If I own the house outright, could I get a line of credit on it perhaps? Thanks in advance for any suggestions or ideas!