Issue with Financing by Credit Union

[Michelangelo Collura]

Greetings all; first-time poster and first-time flipper here.

I currently have a property about 50% complete in the remodeling (first floor is about done), and I needed further funding to complete the rest. The logical first step was to go to my credit union, with whom I have a good history, to get the extra $15K to complete the job via personal loan, perhaps with a lien on my vehicle to ensure its approval. Unfortunately, things happened.

I was met with a triple-punch of medical costs that completely sucked up any and all credit lines I could get through my credit union and left me without a way to get the loan. My solution was to try get the home re-appraised since it should have greater value now that the work is halfway done. I intended to then pull some of that equity to complete the job and sell. $15K seemed a reasonable expectation.

Unfortunately, I was informed after the application that an appraisal couldn't happen with the home partially remodeled; it needed to be completely done before I could re-appraise. This meant no pulling equity and no completing the work.

So that's where things stand. I don't have the credit flexibility to pull a loan elsewhere due to the medical costs, and the credit union won't re-appraise to get me the equity money. Does anyone have any suggestions on alternative financing options? This feels like an impossible situation. For what it's worth, the home was purchased on VA loan, and I myself am a veteran.

If you need further clarification on the details, let me know in the thread.