Author Topic: Need loan for improvements  (Read 965 times)

Guizmo

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Need loan for improvements
« on: June 13, 2014, 05:04:22 PM »
My folks need a loan to for some improvements to a rental property they own. It is a multi family building and has approximately 200k in equity. They are looking at needing about 30k. They property is in an LLC.

What would be the best options to finance this? I'm helping them out, how should we go about it?

arebelspy

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Re: Need loan for improvements
« Reply #1 on: June 13, 2014, 09:21:37 PM »
Line of credit (HELOC).
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