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Updated over 3 years ago,

User Stats

25
Posts
13
Votes
Philip Feinstein
Pro Member
  • Contractor
  • Mchenry, IL
13
Votes |
25
Posts

Offer accepted, HELOC or Hard money?

Philip Feinstein
Pro Member
  • Contractor
  • Mchenry, IL
Posted

Hey there BP Community,

I've just received an offer acceptance on my first single family investment, I plan to BRRRR this property. I'm looking at either a HELOC or going hard money. I'm really not familiar with either….I understand what they are but I'm not 100% on how they work and which route I should go. I foresee the rehab taking roughly 4-6 months.

Any advice would be greatly appreciated!

-Phil

  • Philip Feinstein
  • Loading replies...