Financing SFH Bought with Cash
Recognizing that this might fall into the category of dumb question, but I have always either financed with a bank from the getgo or bought and held with cash. This SFH I bought with cash for 90K, current value is about 110K. I want to BRRR this one so, when I go to take out a mortgage this week, how does the ~20% down work? Will I need to bring cash to closing or is it no cash and they will only finance 88K?