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Heloc Investment Property

I own a duplex that’s worth $167K. At the end of December, I went into a contract for repairs. I have the contractor $7,500 of front and barely any repairs have been completed. The contract ends January 24. I am also under contract for my first time home to close on February 14. I need $20k to close on that house. What should I do? To refinance, they want all the broken things fixed. I don’t have money for all of that. I have the contractor a lot of money, and he really hasn’t done much.

submitted by /u/Educational-Spot2591
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source https://www.reddit.com/r/RealEstate/comments/19ba0el/heloc_investment_property/
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