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Updated 12 months ago on . Most recent reply

David Cunha's profile image
David Cunha's profile image
David Cunha
  • Member since Aug 19, 2022
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19
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David Cunha's profile image
David Cunha's profile image
David Cunha
  • Member since Aug 19, 2022
Connect
David Cunha
5
Votes |
19
Posts
Creative Real Estate Financing

Scaling with Assumable loans

David Cunha
Posted

Has anyone scaled through assumable loans? Ideally, if it's a FHA assumable loan the property has to be your primary residence for a year. Then you're free to rent it out. So if every year I would buy an assumable rate property and live in it for a year then rent it out and repeat this. I could end up with a low interest rate for every property I acquire. Is there holes in this strategy?

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