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Updated about 5 years ago,
Rehab Finacial Question
I’m new to the subject of investing in real estate so please excuse my ignorance.
When buying a property for flipping or rehab and rent purposes how does paying the mortgage work?
If rehab takes 2 months and selling the property takes 3 months do you pay the mortgage out of pocket for those 5 months?
Any information helps. Thank everyone and happy holidays/happy new year.