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Updated over 4 years ago on .

Cameron Mello's profile image
Cameron Mello's profile image
Cameron Mello
  • Rental Property Investor
  • from Slc, UT
  • Member since Dec 6, 2020
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Cameron Mello's profile image
Cameron Mello's profile image
Cameron Mello
  • Rental Property Investor
  • from Slc, UT
  • Member since Dec 6, 2020
Connect
Cameron Mello
  • Rental Property Investor
  • Slc, UT
2
Votes |
3
Posts
Creative Real Estate Financing

Take higher %rate for addition closing cost credit on flippers

Cameron Mello
  • Rental Property Investor
  • Slc, UT
Posted

I read that if you decide to take a higher interest rate then what you qualify for, you will receive additional closing cost credits for all the increased yield. Would you take the higher interest rate on a house you’re planning to flip and sell in order to reduce closing costs?

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