Feedback regarding Holding Costs

[Carlos Arjona]

Hello BP!

I'm very new and I'm trying to wrap my head around the basics of holding costs. Regardless of the strategy (flipping or buy and hold) there are going to be holding costs present if the property requires some rehab to get it ready for rent or for sale. So I wanted some input regarding the methods you use to pay for holding costs. 

I don't know if I'm in the right direction, but personal cash, LOC's, credit cards, private lender money etc. can be used to pay for holding costs. If the property was acquired at the right price, rehabbed, then sold or refinanced that should cover purchase price, rehab and holding costs, correct?

Do you used any other methods to pay for holding costs?

I appreciate your input.