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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 3 times.

Post: Delayed financing

Account ClosedPosted
  • Investor
  • California
  • Posts 4
  • Votes 1

Thank you Travis. Your right  I will need to ask my lender. 

Post: Delayed financing

Account ClosedPosted
  • Investor
  • California
  • Posts 4
  • Votes 1

Thanks Chris do you mean like a HELOC? Im using all capital but was wondering if I needed to use a line of credit from a credit card I have if that would be an issue when I want to finance it and pull all that money out?

Post: Delayed financing

Account ClosedPosted
  • Investor
  • California
  • Posts 4
  • Votes 1

I have a question that I am sure someone will be able to answer if not point me in the right direction. My question is about delayed financing. I purchased a property cash and now we are currently rehabbing it. I bought it under market value so when it is done will appraise or should appraise for more.   So with delayed financing is their some fine print that says all money I use to do the rehab has to be my own cash? Can I use some money from a line of credit?