Updated almost 8 years ago on . Most recent reply
Personal Loan Refinance
Hi all,
I have two properties, SFR, that I am getting ready to get under contract. I am using a business loan to purchase the properties and make improvements. What are some longer term financing options I have that I can refinance the house to? I have enough to put 20% down on each property to refinance. Below is some specs on the deal
Purchase: $50,000 each
Location: Indianapolis, IN
ARV: $65,000~$70,000
Rent: $800 each per month
Thank you for any help/suggestions.
-Paul
Most Popular Reply
@Paul Miranda you had a plan, you stuck to it and now you are succeeding! Great job. A good contractor makes a world of difference.