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Updated over 7 years ago on . Most recent reply

User Stats

295
Posts
75
Votes
Leland S.
  • Developer
  • LA, Nashville TN
75
Votes |
295
Posts

Refinance, home equity loan or other to payoff credit fix costs

Leland S.
  • Developer
  • LA, Nashville TN
Posted

I'm sitting on a flip property that keeps losing buyers and running up against a deadline to payoff my interest free 60k credit card loan to fix the place. Trying to figure out if I should refinance, take home equity loan out, or other option to payoff this card before interest charges start in December. Unless the place sells in the next week, I have to get the loan process started and possibly just list the place for rent. 

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