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Updated over 7 years ago,

Chris Lawrence's profile image
Chris Lawrence's profile image
Chris Lawrence
  • Investor
  • from Honeoye Falls, New York
  • Member since Jun 7, 2017
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User Stats

80
Posts
16
Votes
Chris Lawrence's profile image
Chris Lawrence's profile image
Chris Lawrence
  • Investor
  • from Honeoye Falls, New York
  • Member since Jun 7, 2017
Connect
Chris Lawrence
  • Investor
  • Honeoye Falls, NY
16
Votes |
80
Posts
Private Lending & Conventional Mortgage Advice

Private Loan converted to a Conventional Mortgage

Chris Lawrence
  • Investor
  • Honeoye Falls, NY
Posted

I have a hypothetical question: Say you purchase a duplex for 100k using private money and after repairs/maintenance (10k on top of 100k) over 2 years its worth 150k. Can you use that equity of 40k for closing costs?

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