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Study Hall: Multi Family Financing with Julien Gordon & MG The Mortgage Guy

Earn Your Leisure

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How to Finance Your Next Deal?

A once we have leases and show that the property is being rented, then we can go back to the bank and get finance for two er for 200 thousand dollars. So we'll get refinance for a hundred forty thousand dollars. We actually get all our money out of the deal, right? But guess what? The property's worth 200000 dollars, and we just re financed at one forty. So we now have 60 thousand dollars in equity, no money in the deal. On top of that, the property is still cash flowing. And then we go do it again. This is the repeat process. Now, the final stategy, k, to finance your next deal, i's

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