Updated over 5 years ago on . Most recent reply
Buy and Hold Properties
Will banks refinance/finance on a home only worth 25k? I am thinking of buying a property cash that currently has a tennant. Holding it for 6 months then financing with a bank to get my money back out of it. Not sure if that’s a good idea.
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Joe Villeneuve
#5 All Forums Contributor
Pro Member
#5 All Forums Contributor
- Plymouth, MI
Not going to happen...and even if they did, the costs to you in fees would make it not worth the effort to find one that will.