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Updated about 5 years ago on . Most recent reply

Account Closed
123
Votes |
52
Posts

HELOC vs. renovation loan

Account Closed
Posted

I just purchased a house to flip. I now need funds to fix and flip the house. I was wondering is it possible to get a HELOC? Or are there other renovation loans that I can consider? The property is in Columbia SC. I purchased it for $65k the reno is about $25k and the ARV is $140k.

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