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Updated over 6 years ago on . Most recent reply

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Kraig Kujawa
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Kraig Kujawa
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Kraig Kujawa
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Private Lending & Conventional Mortgage Advice

How do Finance One Duplex, Two Deeds?

Kraig Kujawa
  • Investor
  • Orlando
Posted
Good news! I got a deal on a Duplex. Now the bad news. It appears each side has its own deed. My lender says that means two loans, which seems bad because it would eat up two of my initial 10 FNMA loans and I’m guessing double closing costs. Is this typical or can some lenders group them? Thanks Kraig
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Aaron K.
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Aaron K.
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If it is two separate bills to the county for property tax it will be two separate loans unless you go for a blanket loan.

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