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Updated over 6 years ago on . Most recent reply
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Quick Property Analysis
Am I making this to complicated regarding sizing up a property? I have one lender that I can use a "cross collateral" loan, meaning using the equity in my house as equity and he will finance the entire purchase. I just need to come up with rehab costs etc. That and make sure I can get out of this interest only 1 year loan.
Then I have another that is 15% down and will refund me all rehab costs. I guess I need two spreadsheets with each scenario trying to determine which to go with? Do most of you go with one lender once you are comfortable with them?