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Updated almost 2 years ago,
Need Help on a flip house deal gone bad!
I bought a flip property in Houston, located in the 77063 zip code. Rehabbed it from the underground plumbing to the roof, everything is new. Had set backs from the City on get permits so I lost 6 months and the market changed. So now my Hard Money loan is about to mature and need a way out. Trying to sale is my main goal or refinance it but my DTI is high and I don't qualify.
Anyone looking for a long term investment property for rental or vacation rental OR ideas PLEASE?
Thank you!