How to make this deal Happen??

[Joshua Ibarra]

Hi BP! 

How can I make this deal work? I've got a property under contract for 250K here in Kansas City. I have a private lender who is willing to lend up to 65% of ARV which should be when all done, 400K. Total rehab cost will be about 50-60K depending on the final scope of work. I should be able to profit 60-70K if I can make this deal happen so I feel it is worth it but in order to close in 2 weeks I have to come up with 20K to close.

Right now all my money is tied up in an all cash offer,100K, that I won't finish and cash out refinance until middle of May. So I basically have 1 month where I am not liquid with my cash. I do have 4 other rentals with one property that has 100K in equity. Is it possible to get a line of credit within 2 weeks to close on the the property with that equity? 

I know its a great deal and want to make this flip work but the timing is just not great. What are you expert opinions? 

Thank you!