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Updated over 6 years ago,

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2
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Trey Bonham
  • Greenville, SC
0
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2
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Getting an investment property bought in cash, rolled into a loan

Trey Bonham
  • Greenville, SC
Posted

I have recently bought an single family investment property partially with a HELOC and other miscellaneous funds. I would like to get a mortgage or some form of a loan for this house in order to "get back" the cash I paid upfront and use it for the renovations (it will most likely be a flip). It would need to be something attainable relatively quick. The house will not qualify for a traditional loan in its current condition. Does anyone have any suggestions for the type of loans I could use for this situation?