Personal Loan Refinance

[Paul Miranda]

Hi all, I have two properties, SFR, that I am getting ready to get under contract. I am using a business loan to purchase the properties and make improvements. What are some longer term financing options I have that I can refinance the house to? I have enough to put 20% down on each property to refinance. Below is some specs on the deal Purchase: $50,000 each Location: Indianapolis, IN ARV: $65,000~$70,000 Rent: $800 each per month Thank you for any help/suggestions. -Paul

[Paul Miranda]

@Tiffany S.it has worked out well.  I ended up buying three homes about 6 weeks after this post.  I have a good contractor I use so I rehabbed the houses one at a time and the same guys worked the first house and are now working on the second one.  This keeps them happy and keeps my house flipping manageable since I have a full time job.  Let me know if you have anymore questions.

-Paul