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Updated almost 12 years ago on . Most recent reply
Deal Dilemma
Hi BP folks!
I am having a bit of a deal dilemma. I just closed on a house at the end of June for At LEAST under $20,000 market value. It was a lease option that I wasn't sure about keeping it to live in(since I've already lived there for 3 yrs.) or flip and sell, or sell as is and use my profits to finance a new project.
Another option would be to continue to live in the house and then finance another project with another means of financing.
I'm wondering, how hard it would be to find or get financing because I just took on the new debt of the house.
I am looking to do real estate investing on the side of my day job to eventually transition into RI full time.
Any advice or comments or ideas on my dilemma would be greatly appreciated!!!
Brittany