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Updated over 10 years ago on . Most recent reply

Bob Gardner's profile image
Bob Gardner's profile image
Bob Gardner
  • Investor
  • from Osseo, Minnesota
  • Member since Jun 25, 2015

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Bob Gardner's profile image
Bob Gardner's profile image
Bob Gardner
  • Investor
  • from Osseo, Minnesota
  • Member since Jun 25, 2015
Bob Gardner
  • Investor
  • Osseo, MN
15
Votes |
9
Posts
Private Lending & Conventional Mortgage Advice

Looking for a line of credit on my duplexes

Bob Gardner
  • Investor
  • Osseo, MN
Posted

My duplexes cash flow like crazy and have a 75% LTV first on them. I have 3 so there is some equity there. How do I tap into this?

Please give me name of lender that will fund based on cash flow, excellent credit.

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Darren Eady's profile image
Darren Eady's profile image
Darren Eady
  • Rental Property Investor
  • from Lindon, UT
  • Member since Mar 16, 2015

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Darren Eady's profile image
Darren Eady's profile image
Darren Eady
  • Rental Property Investor
  • from Lindon, UT
  • Member since Mar 16, 2015
Darren Eady
  • Rental Property Investor
  • Lindon, UT
438
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862
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Darren Eady
  • Rental Property Investor
  • Lindon, UT
Replied

Most likely . . . you don't. If you already have great first mortgages at 75% LTV you are already at your ultimate scenario on each property with the right level of tax breaks vs. cash flow.

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