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Author Topic: Flipping Funding  (Read 2213 times)

Offline puddgomez

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Flipping Funding
« on: January 12, 2006, 08:18:20 am »
I have a question....

If I am interested in a foreclosed home, what is the best way to finance the purchase of the home and repairs on the property? Is there a good way to get a loan for just the repairs on the home, separate from a mortgage? I know I'm asking dumb questions, but I'm having a hard time getting good information out of the people that I regularly speak with and the information on this site seems really good.

Offline MRFINANCE

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Re:Flipping Funding
« Reply #1 on: January 12, 2006, 02:32:23 pm »
It's funny you should inquire about such a thing. i just went to a seminar/presentation about new construction loans. These loans cover purchase and/or rehabbing. They are available for those with fair credit (620 and up).
« Last Edit: January 12, 2006, 03:12:58 pm by kdhastedt »

 




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