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Updated over 8 years ago,

User Stats

29
Posts
2
Votes
Ryan Walker
  • Investor
  • Austin, TX
2
Votes |
29
Posts

Options for Financing Rehab for flip in Austin Texas

Ryan Walker
  • Investor
  • Austin, TX
Posted

Property Value: 375k

Rehab: 125k

ARV: 625k

My partner and I currently own an investment property outright in our LLC and I am looking for ways to finance the rehab. I have the cash to be able to cover the rehab but would like to finance it so that we can jump on another opportunity should one arise. That being said, I really dont like the idea of paying 3-4% origination on a 20% LTV. Are there any other (cheaper) options for me that wouldn't require me to leverage any of my personal assets?

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