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Updated about 10 years ago on . Most recent reply

Justin Foley's profile image
Justin Foley's profile image
Justin Foley
  • from Las Vegas, Nevada
  • Member since Feb 10, 2015
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7
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6
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Justin Foley's profile image
Justin Foley's profile image
Justin Foley
  • from Las Vegas, Nevada
  • Member since Feb 10, 2015
Connect
Justin Foley
  • Las Vegas, NV
6
Votes |
7
Posts
Private Lending & Conventional Mortgage Advice

Paying back principle amount

Justin Foley
  • Las Vegas, NV
Posted

If a rehabbed was not selling as fast as one hoped, and they decided to rent it out instead, how would the investor pay the lender the original loan amount - if they do not have the funds they would from an outright sale?

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