Quote:
Originally Posted by Reak AGV
He shouldn't have any problems choking up $20.000 if he owns all of those 5 above. Or get something from a bank.
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Well, he could refi, or borrow from his $50k credit cards or whatever. But then he's going to take a hit on the credit score, is his premise. So instead of getting 9% with his a+ credit score, he gets 12%
(for the record, I haven't a clue what interest rates on commercial is other than it's higher than resi, just giving example).