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Updated over 4 years ago,
Fixing Up Rental Property
I have a rental property that is doing well. Now I would like to replace the whole roof of the house. There are a few areas that need immediate attention and instead of doing patch jobs, I'd rather take care of the whole thing. What are different options for getting funding for this project without using my own funds? I am trying to avoid pulling out equity I have invested in the property. I have also been thinking about starting an LLC to increase my buying power and building credit in my LLCs name. Is that a good idea? Other ideas?