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Updated about 9 years ago,
New member from California
Greetings everyone,
I'm grateful to have found this site. My family is new to real estate investing and very eager to learn.
We have one home rented to a tenant currently and are starting to rehab an inherited home from my parents with about 30 years of deferred maintenance. Estimates for work are running between 145,000 and 180,000 to update the house. Is it better to get a loan or take money from savings to pay for them? We are currently only able to get hard money loans. Are there rules we should know? Where should we look?
Brian