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Updated over 10 years ago on . Most recent reply

buying, holding, and recouping my money
so, im getting conflicting answers from people. my question is this: if i use hard cash or private money to buy, rehab, and hold. as long as i keep my ARV under their loan threshold of 70-80%, i should recoup all the money i put into property...correct? yes....this is how green i am. i guess it would be more like...buy, rehab, recoup money, and hold
Most Popular Reply

Depends on the bank and you should definitely know that before you spend any money!! Smaller banks are better with that.