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Updated about 5 years ago on . Most recent reply

Sam Mathew's profile image
Sam Mathew's profile image
Sam Mathew
  • Real Estate Investor
  • from Pembroke Pines, Florida
  • Member since Jan 1, 2017
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77
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31
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Sam Mathew's profile image
Sam Mathew's profile image
Sam Mathew
  • Real Estate Investor
  • from Pembroke Pines, Florida
  • Member since Jan 1, 2017
Connect
Sam Mathew
  • Real Estate Investor
  • Pembroke Pines, FL
31
Votes |
77
Posts
Rehabbing & House Flipping

Paying Mortgage off in 3 Months - Flipping House

Sam Mathew
  • Real Estate Investor
  • Pembroke Pines, FL
Posted

Hello Bigger Pockets Followers,

I was looking to buy a house to flip and pay off the mortgage within 3-4 months. My lender does not have a pre-payment penalty fee but they stated they are not a short-term lender nor want people to pay off in less than one year.

What could happen if I do though? Are there any concerns that I should know about that is not stated? Please let me know if any advice. Thanks.

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