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Updated almost 14 years ago, 01/05/2011
3-6 Month Loan (Private Money)
Greetings,
My business partner and I are currently rehabbing our first home. We are about one month out from completion of the project (under budget and ahead of schedule) and are currently looking for our next house (potentially a rehab flip or rental). We are looking for a short term (3-6 month) loan to allow us to close on another loan while we complete the current property.
I am working some other angles right now but I am curious as to how others have dealt with this issue. The numbers are looking even better on our current project than we anticipated.
Thanks.
James