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Updated over 11 years ago, 03/26/2013
Mortgages vs. Private Investors for Rehabs
When people are trying to rehab homes, why do I keep hearing about private investors to fund the projects? Does a conventional mortgage not work?
I just watched my first episode of Rehab Addict and, she too, uses private investors.
Can someone please explain to me why a mortgage from a bank won't work?