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Creative Real Estate Financing

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Joshua D.
Pro Member
  • Rental Property Investor
  • Pittsburgh, PA
171
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706
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Use my own cash or lines of credit from the bank?

Joshua D.
Pro Member
  • Rental Property Investor
  • Pittsburgh, PA
Posted Oct 31 2017, 04:28
So the initial purchase i use my lines of credit for he purchase of the property. Then I use all my rental income and cash from my business account to rehab it and when I run out I use more of the lines of credit. Am I doing this right or what I try and use my business account to keep from going into more debt and paying more interest. What’s the best way to do all this please? Please really is I was to use the lines of credit and banks money my coc roi would be sky high? Because really I would be putting no money into my deals.

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