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Updated 3 months ago on . Most recent reply

User Stats

8
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4
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Kayla Elliott
4
Votes |
8
Posts

Looking for a line of credit for rehab unless advised otherwise

Kayla Elliott
Posted

Happy New Year BP! I am purchasing a house from my mother (my dad recently passed and she inherited his rentals) who is selling it to me seller-finance. However, I am rehabbing it so I am looking for funds to finance the rehab (Maybe $85K). I was thinking a line of credit (unless suggested otherwise). Does anyone have a good recommendations on who to go to for a line of credit? I have checked online at a few, but can't pull the trigger on who to go to yet or if that is the route I should even be going. 

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