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Updated over 3 years ago,
Creative ways to finance rehab
I am looking at buying a single family investment property in Fayetteville NC for $140,000. Estimated repairs are $25,000 with and After repair value of $180,000. If I want to keep more cash on hand should I get a traditional loan and then seek an additional home repair loan for $25,000 or should I look to get a fix and flip loan? Are there other options or creative ways I could explore financing the rehab portion?