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Updated over 10 years ago,
Speculative lending
I am in the process of building duplexes. My plan is a total of 28. I am building one at a time due to only have 20% down for the loan. I have turned in a bid of 163k for the build on each one. It's only costing 115-120.
When I get to number 5. I run out of debt to income. How can I borrow on speculative income?