Similar to a HELOC or house equity loan, you can re-finance for up to 80% of the equity in your house. Lower rate of interest than individual loans, HELOCs, or home equity loansFunds can be used on-demandRequires house equityComes with closing expenses that are 2% to 5% of the total loan amountCredit cards offer a simple path to rehab financing merely buy what you need on existing credit accounts instead of looking for new loans or home loans.It does pose the risk of maxing out your cards and leaving no room for other purchases. No need to get brand-new loansSome credit cards offer intro 0% APR provides for 12 to 15 monthsHigher rate of interest than HELOCs, individual loans, or home mortgage refinancingCould leave you with no space for other purchasesOne government loan is the FHA 203( k) loan, which lets you borrow both the expense of a fixer-upper and necessary restorations, then separates the remodelling funds into an escrow account for paying contractors straight.