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I have been working with investors for several years on fixer uppers, so feel free to ask any questions. The first step you will need is to work out your financing. Figure out whether you will be paying cash, taking out a mortgage, or dealing with hard money lenders.
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Joe Cloud Broker, ABR, GRI, ePRO, eAgent, Realtor Real Estate by Joe Cloud & Associates www.joecloud.com 972-897-0758 The items posted in this forum are not legal advice, and should never be considered legal advice. If you have any legal questions please consult an attorney. This website is designed to provide opinions and advice, and not to act as a source of legal information for any purpose. This is not intended to solicit properties currently listed for sale. Texas Broker's License #0506019 |
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You have 3 basic options for financing on investment properties:
1. Conventional financing with a mortgage 2. "Hard Money" Lending 3. Cash All 3 have some implications to consider. Cash is by far the easiest and most profitable source of financing.
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Joe Cloud Broker, ABR, GRI, ePRO, eAgent, Realtor Real Estate by Joe Cloud & Associates www.joecloud.com 972-897-0758 The items posted in this forum are not legal advice, and should never be considered legal advice. If you have any legal questions please consult an attorney. This website is designed to provide opinions and advice, and not to act as a source of legal information for any purpose. This is not intended to solicit properties currently listed for sale. Texas Broker's License #0506019 |
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