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Updated almost 4 years ago on . Most recent reply
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Purchasing with Private Money then Refi at Lower Interest Rate
Hello BP, this is such an Amazing Community. Proves real estate Business is always Giving Back.
I’m a Newbie, here’s what I’m Planning to do.
Can I purchase a Property with 100% Private money hold on to it for Couple of months and then Refi it with Traditional Mortgage and get that Cashflow coming in. So that way I don’t put any money down. Is it even Possible?
What number of Cap Rate or NOI make sense for this type of Creative financing.
again I’m a Newbie I don’t if that’s Possible but share your Thoughts and advice. TIA