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Updated over 2 years ago,

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5
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Ryan Boggs
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5
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Looking for Rehab Money

Ryan Boggs
Posted

I am buying a house with cash from a heloc that I have out. And planned on getting a small bank loan for 70k or so for the rehab. Any better ideas for acquiring the rehab money? Bank loan would be 9%-11% or so. 

Just for reference: 

Purchase price: 60k 

Rehab: 70k

ARV: 190k-200k

Thanks!

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