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Updated over 2 years ago on . Most recent reply
![Rene Cedillo's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2145784/1696082204-avatar-renec39.jpg?twic=v1/output=image/cover=128x128&v=2)
New investor with paid off duplex
I currently own a paid off duplex with a 2/1 per unit but needs work (flooring, cabinets, appliances, paint, A/C, and unfinished bathroom) before putting it for rent. What loan would you use to fix it or what would be your first move as a new investor? I appreciate any advice.
In case you are wondering, I acquired the property through a family member.
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![Conner Olsen's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1865125/1630703632-avatar-connero5.jpg?twic=v1/output=image/crop=1471x1471@154x180/cover=128x128&v=2)
@Rene Cedillo If the cash flow is good and you can pay back the renovations in under 18 months then I'd get a HELOC. Otherwise I'd get a small refinance loan.