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Updated about 7 years ago on . Most recent reply

User Stats

79
Posts
26
Votes
Jesse Kerr
  • Fairfield, CA
26
Votes |
79
Posts

Quick Property Analysis

Jesse Kerr
  • Fairfield, CA
Posted

Am I making this to complicated regarding sizing up a property?  I have one lender that I can use a "cross collateral" loan, meaning using the equity in my house as equity and he will finance the entire purchase.  I just need to come up with rehab costs etc.  That and make sure I can get out of this interest only 1 year loan.  

Then I have another that is 15% down and will refund me all rehab costs.  I guess I need two spreadsheets with each scenario trying to determine which to go with?  Do most of you go with one lender once you are comfortable with them?  

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