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Updated about 6 years ago,
Considering First REC on small multi
I have 15 units and 5 mortgages in my name and am considering my first REC on a new 4plex. Would seller financing count on my credit report to make it even harder to obtain my next loan/mortgage on. Future investment property or is it more like private money/loan. Anything else to look out for? My plan is to season the property for a year or two and then refinance at that time. Just curious what else I’m missing.