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Updated almost 10 years ago,
Cheapest option to obtain financing for bidding in cash
Hi All,
I currently have 3 properties (purchased and partially rehabbed with cash-260k) and I'm not sure how to best bridge the gap in cash between now and I assume about 75 days or so (Expect to sell one of my rehabs, the other two like need another 3 weeks before they are finished). I'm sitting on about 25k cash but for me to continue to bid on more houses im thinking i need another 50-75k. Which I'm not sure ill even be able to purchase another property before i close so id like to have access to the money but not necessarily need it unless any of my bids are.accepted.
What are some of my options?
Thanks