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Updated over 9 years ago,

User Stats

47
Posts
11
Votes
Daniel Hedges
  • Investor
  • Albuquerque, NM
11
Votes |
47
Posts

Getting funds for repairs on a rental

Daniel Hedges
  • Investor
  • Albuquerque, NM
Posted

I would like to pick everybody's brain for a moment.  I have had a thought about borrowing private money for both the purchase and future repair costs of a rental.  I have found that I always had to wholesale and stock up cash and then put it away for the rental repairs.  The challenge is that I did not always have the funds to do this whenever I found a good prospective rental property.  I thought it would be ideal to partner with a private investor to borrow from for the home purchase, the home renovation, and the future home repairs.  Let me know what you all think.  I would love to get your input.

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