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Updated almost 7 years ago,
Funding first deal with mortgage
Want to know some honest option about getting a mortgage for the first deal. I have heard it all the time that people uses private money lender, hard money lender, partners for funding a deal. But never really heard people use mortgage.
Now my question is, is it worthy to use a mortgage for the first deal and get it refinance? Is there some sort of limition on this method? What are the pros and cons?