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July 04, 2006

Financing Recipe

Landlords take note of this recipe of small unit buildings, appraisals, and mortgage brokers.

We’ve all heard that you make money when you buy, and this is true. You can also make a good deal an even better deal if you put some creativity into your financing strategy. There is a very simple recipe to follow when buying any non-commercial property (4 units or less). I recently deviated from my multi-unit buying to pick up some homes in appreciating markets. I was new to single family home investing and quickly learned that there are tricks involved, and oddly enough, realtors don’t seem to know about them and most mortgage brokers don’t either. So I thought it would be worthwhile to pass along what I’ve learned. Here’s the recipe:

 

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Financing Recipe

Posted on July 4, 2006 08:45 AM by Mortga104.
Filed in Mortgage Calculator under mortgage brokers.
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