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Updated almost 6 years ago,

T. Wilson's profile image
T. Wilson's profile image
T. Wilson
  • Rental Property Investor
  • from Seattle
  • Member since Dec 28, 2018
  • Posts 5
  • Votes 2
  • Experience 11 Yrs
  • Investments 4
Connect

User Stats

5
Posts
2
Votes
T. Wilson's profile image
T. Wilson's profile image
T. Wilson
  • Rental Property Investor
  • from Seattle
  • Member since Dec 28, 2018
  • Posts 5
  • Votes 2
  • Experience 11 Yrs
  • Investments 4
Connect
T. Wilson
  • Rental Property Investor
  • Seattle
2
Votes |
5
Posts
General Landlording & Rental Properties

How to fund rental unit on property

T. Wilson
  • Rental Property Investor
  • Seattle
Posted

I am interested in building a small cottage in the back of our property that will be a rental unit. I have all the bids in and the estimated cost is around $75,000. I'm looking for advice on the best way to fund the construction. I do have equity in my main home so I could do a HELOC or second mortgage. Any recommendation on which direction to go, or other funding options I may not be thinking of? Thanks

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