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Updated over 5 years ago,

User Stats

140
Posts
40
Votes
Alfonso Aramburo Zepeda
  • Investor
  • Riverside, CA
40
Votes |
140
Posts

Any advise before closing the deal?!

Alfonso Aramburo Zepeda
  • Investor
  • Riverside, CA
Posted

I plan on live on that property for at least a year, 2 years Max. doing the repairs in the meanwhile & taking advantage of FHA Loans.

My lender tells me I can refinance after a year and should first refinance to take away the Mortgage Insurance, then cash out. Would you agree? 

Is there anything I should consider before signing the contract? 

Thank you!

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