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Updated about 10 years ago on . Most recent reply

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7
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1
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Evan McMullin
  • Wholesaler
  • Salt Lake City, UT
1
Votes |
7
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How Do I Refinance Out of 10 Properties?

Evan McMullin
  • Wholesaler
  • Salt Lake City, UT
Posted

I am currently in the process of acquiring 10 investment properties

that will be in my name and under my SS#.
All of them will have 20% or more equity.

I've read that there are either banks or individuals who will refinance my loans

into one commercial loan, (or private loan)...

Has anyone done this? 

Is this even possible???

Most Popular Reply

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5,659
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Elizabeth Colegrove
  • Hanford, CA
1,832
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5,659
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Elizabeth Colegrove
  • Hanford, CA
Replied

I have looked into it. That being said the loan amount are much worse than conventional 30 year loans. Commerical are at higher rates and are usually 5-10 year loans. 

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