Updated almost 6 years ago on . Most recent reply
Paying Mortgage off in 3 Months - Flipping House
Hello Bigger Pockets Followers,
I was looking to buy a house to flip and pay off the mortgage within 3-4 months. My lender does not have a pre-payment penalty fee but they stated they are not a short-term lender nor want people to pay off in less than one year.
What could happen if I do though? Are there any concerns that I should know about that is not stated? Please let me know if any advice. Thanks.