3 Things You Need To Know About Securing Financing For Fixing And Flipping Homes

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If you want to purchase homes with the express intent to fix up the home and flip it, and you want to secure financing for this type of investment, you need to understand that getting financing for a non-primary home is different than getting financing for your primary residence. #1 Borrowing More Than the Cost of the Home When you are purchasing a home to fix it up and flip it, you are borrowing more than the cost of the home.…

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What To Do If A Loved One Asks You To Bail Them Out

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Many times, when someone you know asks you to bail them out they are asking for an emergency loan. However, when you receive a collect phone call and your loved one states that they’ve been arrested, you are going to need the services of a bail bondsman. Bonding someone out of jail means that you have to come up with a set amount of cash. You will also need to arrange to have all bond conditions set before your family member or friend will be released.…

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Why You Should Look Into A Second Home Mortgage

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Are you getting offers in the mail to get a second mortgage on your home, but you keep throwing them away? You may want to consider holding onto those letters, since a second mortgage may be useful. Here are a few reasons why you’ll want to get a second mortgage on your home. For Making Home Improvements You may love your home’s location, but really want to make some major modifications to it.…

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