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Updated almost 6 years ago,

User Stats

24
Posts
5
Votes
John Moore
  • Falmouth, KY
5
Votes |
24
Posts

When refinancing a property ...

John Moore
  • Falmouth, KY
Posted

Hey guys and gals,

When you purchase a property with private money or hard money and go to a bank to refinance.. do you still owe the 20% deposit like you would if you had originally went with a bank lender to start? Or does the loan just carry over at a Lower interest rate? Any and all info is much appreciated! 😊

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