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Real Estate
Reply to "Need to downsize but can't get mortgage.....should I look into a hard money loan?"
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[quote=Anonymous]You are going to have to make some compromises. You aren’t going to net 1.1 because there are selling costs. Given the other factors you mentioned, you should try to spend way less than 850 on a house. If your overall financial situation improves, you can remodel, add on or move. But in the short term, having the extra cash will be nicer than having the perfect house.[/quote]
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