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Financing in Missouri City : Real Estate Advice

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  • Local Info9
  • Home Buying16
  • Home Selling3
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Activity 2
Thu Mar 24, 2016
Salve Tecson asked:
The home was not included in the bankruptcy payment.
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Sun Jul 25, 2010
Marco Bolado answered:
If it makes sense you might check into hard money financing. IF its a rehab to fix and flip then you can count on putting at least 10% down of the purchase price. Rates on these are around 14% Interest only for a term of 6-12 months. Total loan amount not to exceed 65-70% of the after repair value so you need to buy them at the right price. I close around 3-4 of these a month so let me know if i can help. +

Marco
210.286.8136
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