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re: Building a House to Sell with a Partner

Posted on 8/11/20 at 10:05 pm to
Posted by Brightside Bengal
Old Metairie
Member since Sep 2007
3884 posts
Posted on 8/11/20 at 10:05 pm to
quote:

The biggest thing i tell new aspiring home builders is you better be liquid. if you want to build a flip home thats a commerical loan with commercial terms. 30% down 10% reserves.


My bank only requires 15% down with no specific reserve requirement.
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