Need guidance on method of purchase

[Janice Reese]

I was offered a small home today for $75,000. It needs roof repair and some general updating, but has a great ARV ($180k) and will rent easily. I have $60,000 in an HELOC and another $12,000 in cash but still falling short of a full cash purchase. I hate to dump all at once, especially since I will need to fund repairs and closing. I am preapproved at my local credit union so I am open to ideas for splitting this deal between cash and financing, just not sure how. I'm new and looking for suggestions for the best ways to finance this deal!