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Updated almost 5 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Jaumaure Hanzy
  • Rental Property Investor
  • Goldsboro, NC
2
Votes |
11
Posts

How to cover renovations with no money?

Jaumaure Hanzy
  • Rental Property Investor
  • Goldsboro, NC
Posted

I have been pre approved and I’ve studied the area but I don’t have any capital to rehab but I see good deals. What are other ways to cover the cost of renovations ?

Most Popular Reply

User Stats

17
Posts
12
Votes
Kurtis Delahooke
  • Springfield/Eugene OR
12
Votes |
17
Posts
Kurtis Delahooke
  • Springfield/Eugene OR
Replied

I recommend saving up for rehab costs before purchasing an investment that requires a lot of work. There's always credit cards to put it on, partnering with someone, or giving a contractor an equity position, but nothing beats saving up on the front end. 

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