What kind of loan do you recommend?

[Lane Stubblefield]

When purchasing a 20% down investment property, do you just have to pay cash for all the repair costs too and then refinance? I would just assume incorporate the repairs into the loan if possible?

[Will Fraser]

Hey @Lane Stubblefield, it all comes down to how many repairs are needed.  If it is basically turn-key right now and you need to paint it and fix some blinds then out of pocket will be sufficient for that, but if you are doing much more or if anything you are doing is going to significantly raise the value of the home then cash/construction loan with a a refinance could work beautifully.

As @Jon Kelly pointed out above, try to reduce your unnecessary costs, and redundant lender and title fees fit that bill.