Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.

My financial standing: Income - 130k W2 Credit Score: 690-710 (depending on when it's pulled)Debt: 330k VA Loan on primary residence, Car Loan $11k and no credit card or student loan debtCash: 30k Children/dependents: NoneI'm looking to be an out of state investor as my local market (Las Vegas, NV) is out of my price range and decided on Kokomo, Indiana to get a property around $100k-130k.

For now, my immediate goal is to pay off all of my credit card debt (should be accomplished by February 1.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

X’s card was declined and he is now late on a payment for his medium term rental.

Here's the red flags that we had missed when we were still fairly green: 1) Credit card declined so they gave us a different card from their "sister"2) Booked last minute3) Locals4) We had even asked for an ID so they sent a fake passport but the name was spelled slightly offThey had parties at the property and destroyed some things.

One powerful method is leveraging business credit cards to purchase and renovate properties at 0% interest and zero down payment.

So I put $1600 on a credit card for a down payment and then pay $500 a month until the full amount was paid off.

Hi @Ryan Kinoshita,I personally recommend Chase business for a few reasons: Really easy to work with, really good sign on incentives for both their accounts and business credit cards, and there are branches all of over the country making it easy to handle your business from anywhere.

I also know folks that have used 0% business credit cards to purchase and flip a property.

I was able to fund a brrrr deal using 0% interest rate business credit cards ($95k across different cards), I didn't have to deal with lenders and their high interest rates or their draw request process to access renovation funds.