Financing Repair Costs

[Noah McPherson]

I need a method to finance 35k worth of repairs for a property I want to BRRRR does anyone have any ideas on how I could do that?

[AK Fowler]

There's many ways you can finance the repair cost. 

-HELOC, if you own your home and have equity built up, tap into that.

-Borrow from 401k, pretty easy to set up and funding is about 7-10 business days. repay is directly from paycheck 

-If you own an asset of some sort that has value, you can look at getting a loan against it. take a look at your state laws

-Credit Card balance increase, can get expensive.

-Friends and family, borrow and pay back at 10% interest or you could give them equity stake in the property. 

There are a slew of ways but get creative and have fun with it. That's what makes real estate so much fun.