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Updated over 9 years ago,
Getting funds for repairs on a rental
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.