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Updated about 6 years ago on . Most recent reply

Joseph Perez's profile image
Joseph Perez's profile image
Joseph Perez
  • Rental Property Investor
  • from Midland, TX
  • Member since Mar 19, 2019
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Joseph Perez's profile image
Joseph Perez's profile image
Joseph Perez
  • Rental Property Investor
  • from Midland, TX
  • Member since Mar 19, 2019
Connect
Joseph Perez
  • Rental Property Investor
  • Midland, TX
0
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2
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Private Lending & Conventional Mortgage Advice

Advice on a fix and flip

Joseph Perez
  • Rental Property Investor
  • Midland, TX
Posted

Newbie here needing advice on the right kind of loan to go with. My dad is selling me his house (not on the market) for 65,000$ it's definitely a fixer upper. Estimated repairs at 45,000 and after repair value around 180,000. So my question is what type of loan would be best for me? Hard money, private, conventional, FHA 203? Just don't wanna get screwed cause this is an excellent start for me in the real estate business.

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