With a construction or hard money loan, I would think $100k would be plenty of cash to get your first one done with additional financing. some optionsTraditional lenders         smaller regional banks         203 K loans         Heloc on your home         construction loanshard money lenders - high interest loans for real estate rehabbing (see the resources tab)private lenders - friends family and associates

You could either use private money, your own capital, or take out a HELOC on your current home (if you currently have one with substantial equity on it!) 

Just purchased my home though so from what I understand a heloc can only go off the purchase price since it is less than 6 months old.

Might be worth considering a HELOC, depending on what you want to use the money for.

I plan to take out a heloc for a 50% down payment on our 2nd home.

I was full on with learning a lot of strategies to use at that time so I opened an LLC, took out a HML for two properties to BRRRR and a HELOC on my primary to buy a third property to also BRRRR. my son put in his 20k for rehabbing the one property.

Creatively--lot loans from personal residence 2nd, family member, and HELOC on a rental we own.

Move out and rent the second unit until you have paid down the mortagate a little more and then either try for a HELOC or a Cash out refinance mortgage.Hope this helps!

My understanding is that a cash-out is basically a HELOC with a higher interest rate and interest that compounds more than a regular loan.

I took a HELOC on my primary residence.