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Updated almost 10 years ago on . Most recent reply

David Rundle's profile image
David Rundle's profile image
David Rundle
  • Engineer
  • from Oklahoma City, Oklahoma
  • Member since Aug 16, 2013
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144
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44
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David Rundle's profile image
David Rundle's profile image
David Rundle
  • Engineer
  • from Oklahoma City, Oklahoma
  • Member since Aug 16, 2013
Connect
David Rundle
  • Engineer
  • Oklahoma City, OK
44
Votes |
144
Posts
General Landlording & Rental Properties

Question about structuring a deal (financing).

David Rundle
  • Engineer
  • Oklahoma City, OK
Posted

I have a property under contract for $20k that needs $10k in rehab and is worth $50k ARV. The goal is to buy and hold this thing from now until eternity.

What's the best way to finance this deal? Construction loan and then mortgage or just mortgage from the beginning?

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