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Updated about 5 years ago,
Loans For Rehab Only?
I'm looking for a way to fund only the rehab portion of a deal. I have the cash to purchase a property outright with the intention to BRRRR. So far, it seems like my options are a personal loan, personal line of credit, or a 0% credit card. I'm leaning towards a personal line of credit right now, but I'm concerned that it may affect my credit using all the funds in a short manner of time. Does anyone have an opinion on what would be the best option for my strategy?