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Updated almost 10 years ago,

User Stats

66
Posts
12
Votes
Alberto Cordova
  • Realtor
  • Brownsville, TX
12
Votes |
66
Posts

PM and Rentals

Alberto Cordova
  • Realtor
  • Brownsville, TX
Posted

Good evening, I have a question about private money and a possible rental property.

Excuse the possible noob question... If I acquired a property using PM and I turned it into a rental property. How would I pay my private lender back? Would it be every month or a lump sum after the end of a set date? or Private lenders dont lend out to acquire rental properties.

Thanks all for any information if wanting to add any addition information that would be awesome. I am trying to understand this a bit better.

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