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Finance options for additional units
I just purchased a quadplex, and after reviewing the survey and the county zoning guidelines, it looks like I can build 4 additional units on the property. Given the fact that I just pumped a bunch of money into this place, I don't have the money right now. However, in the future, I would like to build those 4 extra units, maybe 2-4 years down the road. Does anyone have any experience with this or know of what my options are for getting the financing? Would it be as simple as putting another down payment down and refinancing the property?