Financing Question Not for the Faint of <3

[Account Closed]

Say I purchase a home at a great discount. The ARV is $250,000 and I purchase it at $120,000. I use a conventional loan to close.

Say I want to put $30,000 into rehab. What are the EASIEST ways for me to get that money?

1. Could I do a HELOC?

2. Could I do a cash out refinance?

3. What are other easy ways to do this?

[Nick Rutkowski]

20k 5% interest for 1 year. Secured it on a piece of land I bought and now I own that land free and clear.