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6 January 2014 | 52 replies
This allows you to get the property rehabbed and rented then refinance your lender out of the short term loan.
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6 January 2014 | 22 replies
Systems, systems, more refined money-making systems.
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6 January 2014 | 3 replies
technically it's 100 % cash out and by VA but most lenders out there limit their risk I believe at 90% cash out.I can do a rate and term refinance to 100% or purchase to 100% as well.
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22 January 2014 | 22 replies
(I say "luck" because many folks tried exactly the same strategy in 2003 and ended up in a much worse position than if they had not made their bet.)
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8 January 2014 | 5 replies
If you have a house built in 1950 and he has one from 1980 I will bet you are lower.
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7 January 2014 | 5 replies
Then if you can rent it out, I'd say pull the money you need out using a refinance and just sell when you can.
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6 January 2014 | 5 replies
You won't be able to get a conventional refinance under the name of the LLC if you take title in the LLC.
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7 January 2014 | 4 replies
If you don't have any $ it is your best bet.
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7 January 2014 | 8 replies
I would personally do this as long it doesnt tie up all my cash until the refinance is complete.
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12 January 2014 | 9 replies
Your best bet is to find a portfolio lender (small, local bank).