Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

30
Posts
8
Votes
Davis Stoner
  • Investor
  • NE PA, N. NJ
8
Votes |
30
Posts

Funding a remodel options???

Davis Stoner
  • Investor
  • NE PA, N. NJ
Posted

I recently purchased a small multi family property. 2 units were turn key and they are rented. 1 unit I am funding the rehab for and that is almost done.

But there is a separate building with 2 unfinished 1Bd 1Ba apartments. My estimate is that it will take between 50-75k to get them both rent ready. 


I wanted to see what everyone's thoughts were on financing the rehab? I do not have enough cash to fund everything, and I don't think there have enough equity in the home to take some money from there. Hard money is definitely an option but does anyone have any other possibilities to explore? 

  • Davis Stoner
  • Most Popular Reply

    User Stats

    30
    Posts
    8
    Votes
    Davis Stoner
    • Investor
    • NE PA, N. NJ
    8
    Votes |
    30
    Posts
    Davis Stoner
    • Investor
    • NE PA, N. NJ
    Replied

    @Jason Shackleton Thanks. Thinking of taking out a credit card and financing that way. Can probably get a promo 12 month 0% apr card. Is that what you’re referring to, “credit card stacking?”

  • Davis Stoner
  • Loading replies...