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Updated about 9 years ago on . Most recent reply

Edward Richardson's profile image
Edward Richardson's profile image
Edward Richardson
  • from Crest Hill, Illinois
  • Member since Jul 28, 2015
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Edward Richardson's profile image
Edward Richardson's profile image
Edward Richardson
  • from Crest Hill, Illinois
  • Member since Jul 28, 2015
Connect
Edward Richardson
  • Crest Hill, IL
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1
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Private Lending & Conventional Mortgage Advice

How to l use private money for this deal??

Edward Richardson
  • Crest Hill, IL
Posted
Hello my name is Edward from Illinois I been looking for a deal to start my real estate investing. So my aunt owns her home but she behind 25k on the taxes. She wants 45k for the house the ARV is 123,000. So could I use hard money to get 45,000 for her and the taxes and 15,000 for repairs? Also could flip the house right way? And if I decided to hold would I be able to cash out re finance to pay back the hard money?
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