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Updated over 2 years ago,
Looking for Rehab Money
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!