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Updated over 8 years ago,
Traditional Financing or Private Money
My husband and I are looking to buy mostly single family houses to rehab and rent. We are not averse to multi-family. They are just not that many small 1-4 unit properties in our area (Baton Rouge, La). Our goal is to acquire a few single families a year.
Here's the dilemma, should we do traditional financing? We have down payment money, but not for multiple houses in a one year time period. What are some strategies to achieving this goal? Thanks!