???How to finance major repairs on my rental properties? ..Heloc?

[Constance Rappaport]

Heloc. ..hard money...my money...to do costly repairs at rentals....or any other ideas you may have....

[Jennifer T.]

It sounds like you no longer live at this property.  HELOCs are extremely difficult to get for non-owner occupied properties.  I've heard of this unicorn, but very few banks offer them.  On another thread, I heard that Pen-Fed does.  If you can find a bank, you can typically only get a line for up to 70-80% of the equity.

Or, if your personal home has a good bit of equity available, you could do a HELOC on that one. I highly recommend them for anyone with good equity in their home, investor or not, to have that "safety net" available jic.

@Mike McCarthy's idea is a great one.  Seeing if any companies that do that work have financing available.  Otherwise, cash (if you comfortably have it) or credit card.  Though, depending on your interest rate and how fast it could be paid back, could get pricy.

I've never done a HM loan, but I'd be surprised if they are even available for only a $10K loan.