This week’s question comes from Shantay) on the Real Estate Rookie Facebook Group. **Shantay **is asking: We are about to close on a duplex. It is going to need a $6k-$10k upgrade. What are some options for funding the rehab cost?
Different investors have **different preferred methods of funding rehabs of this size/price point. Both Ashley and Tony have renovated numerous properties and used the below methods to raise the funds they needed **without dipping into their own pockets!
Here are some suggestions:
Find a 0% interest credit card) so you can buy material for the rehab
**Partner up for equity **with another investor so you can split the costs
Raise private capital) **from family and friends **by delivering a solid investment presentation
Take out loans against your stock portfolio, 401(k)), or other assets
And more in the episode...
If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group)! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).
Check the full show notes here: https://www.biggerpockets.com/rookie92
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