All Forum Posts by: Tyler Stindtman

I am new to Bigger Pockets and Real Estate Investing and looking to purchase my first property, preferably using the BRRRR method. I currently have about 50k in equity in my home. I will probably be looking to purchase a home in the 90-125k range. Would I be better off getting an 80% HELOC for 40k at like 5% APR and using it for the rehab and a down payment for a 30 year conventional loan. Or, would I be better off getting a hard money loan for the full cost of the property and rehab for like 10% and then paying it off and refinancing in like 12 months.

Thanks.