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Updated about 5 years ago, 11/24/2019
Traditional financing versus self financing
I recently completed the renovation of 2 Condominiums. Both are now rented to what appear to be quality tenants. I completed this project using interim financing from a brokerage firm. Now trying to decide if I want to seek permanent financing with a traditional lender or borrow the money from my company? The amount is not huge - less than $125k.
Thoughts?