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Updated over 3 years ago,
House Hack Reno Financing
Terms agreed in NJ yayy!! Agreed upon purchase price: 5% below list! Yayyy!
Here's my question: we plan to close 6/30 and move in and hold. PP: $515k + reno: $50k. I am putting 10% down. ARV: $600,000.
This is where I get foggy. So flash forward 6 months. 1) How do i structure a refinance without more out of pocket? 2) if prop purchased under my llc, will that preclude me from trad financing in 6 months? Thanks all!!!