Thursday, March 3, 2011
Your questions about investment property
Richard asks…What is the type of loan called that you used for investment property?For investment property you don't usually get mortgages, but you get a different type of loan. What is the name of that type of loan? Thanksadmin answers:For flipping, investors would avail themselves of a *hard money loan*.Michael asks…I own an investment property that is now inhabitable. What are my options to stop losing money?Due to the neigboring unit's overflooding, my unit flooded causing major mildew damage. The property is inhabitable and the area
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