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Updated over 7 years ago on . Most recent reply

User Stats

71
Posts
39
Votes
David Hanson
  • Real Estate Agent
  • Chattanooga, TN
39
Votes |
71
Posts

What are my financing options

David Hanson
  • Real Estate Agent
  • Chattanooga, TN
Posted
I am looking for financial advice. -3 month goal is to purchase a SFH or a multiplex and place it with a good PM company. -6 month goal is to repeat the above 2-3X. Background on my situation New to an industry under 1 year. Credit score 840+ Carrying 2 car notes $80k cash Unable to secure a mortgage because of the above job history. How can I jump in and then pull the cash back out quickly to repeat? I heard on a podcast about delayed financing. Any more info on this? Would love to meet some local investors to chat about strategies. Text anytime
  • David Hanson
  • Most Popular Reply

    User Stats

    6
    Posts
    2
    Votes
    Seth Anderson
    • American Fork, UT
    2
    Votes |
    6
    Posts
    Seth Anderson
    • American Fork, UT
    Replied

    If you buy it with your cash then get HELOC in first lien holder, your money is fluid and can move in and out when ever you decide. (without your credit having to be pulled)

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