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Updated over 2 years ago,

User Stats

7
Posts
8
Votes
Alexander Sheridan
  • Marion, OH
8
Votes |
7
Posts

Financing Suggestions to wrap up a rehab?

Alexander Sheridan
  • Marion, OH
Posted

Any suggestions for getting a bit more money to wrap up rehab of a house I purchased with cash?

ARV: $200k

No mortgage on the house. Typical credit score of ~800 but currently 630ish due to very high credit utilization. I’ve been paying for contractors with cash and material on cards.

I was hoping to wrap up the house like this, but had a rental get wrecked and had to pump quite a bit of money back into fixing it up.

Any creative ideas to finance the remainder? Self employed with 11 units on my own with around $1m in available equity across them. 18 additional units in mixed use properties with a business partner.


Thanks in advance!

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