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LegalLife Multistate Guide and Handbook for Selling or Buying Real Estate Montana Form

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LegalLife Multistate Guide and Handbook for Selling or Buying Real Estate Montana Form

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this is the strategy that people employ they buy a property you fix it up you rent it out and then you refinance it and say it's now worth a hundred grand more than what you bought it for you can get a loan for that exact amount which you then use as a down payment on another property rinse and repeat do I have that right so let's say the property goes from 1 to 1.1 they'll give you 70 to 80 percent of that that extra hundred thousand dollars they give you seventy eighty thousand dollars of that it's just that simple folks

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