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Updated about 9 years ago on . Most recent reply

Nick Versetto's profile image
Nick Versetto's profile image
Nick Versetto
  • Investor
  • from Frankfort, Illinois
  • Member since Jan 5, 2015
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Nick Versetto's profile image
Nick Versetto's profile image
Nick Versetto
  • Investor
  • from Frankfort, Illinois
  • Member since Jan 5, 2015
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Nick Versetto
  • Investor
  • Frankfort, IL
55
Votes |
206
Posts
Rehabbing & House Flipping

Latest brrr before and after.

Nick Versetto
  • Investor
  • Frankfort, IL
Posted

Acquisition 92,100

Rehab 34,000

ARV 200,000

Rented for 1700.00

7 Votes
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Jerry Padilla's profile image
Jerry Padilla's profile image
Jerry Padilla
  • Lender
  • from Rochester, NY
  • Member since Mar 25, 2014
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Jerry Padilla's profile image
Jerry Padilla's profile image
Jerry Padilla
  • Lender
  • from Rochester, NY
  • Member since Mar 25, 2014
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Jerry Padilla
  • Lender
  • Rochester, NY
1,419
Votes |
3,451
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Jerry Padilla
  • Lender
  • Rochester, NY
Replied

@Nick Versetto

The place looks great and you built up a lot of equity quick. 

You can cash out based on appraised value after 6 months. You can rate and term without cash out as long as the LTV is there at any point, as long as there is a lien on the house prior to 6 months/or after, even with hard or private money.

@Brian Larson

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