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We live in Pennsylvania, and an ORALVERBAL AGREEMENT has a Statute of Limitations of 4 years. It has only been 2 years since he defrauded me, so I have the ability to seek Counsel. I was told that I have every right to contact the Bank, and tell them what my EX-FIANCE and his Loan Officer did to obtain the Mortgage.
I will also be filing a Civil Law Suit. Any ideas application personal loan format to the ramifications to my EX and the Loan Officer and possibly the Bank, for perpetrating this Fraud…. And, Yes, I have ALL the documentation to confirm what they did, and much much more. If you want the definitive answer you should probably ask the lender directly. The source of that cash may also be scrutinized. We are in the process of starting the final loan approval as we are 2 12 months out from closing (new construction).
But this shows that cash is not always going to be the safest bet. Conclusion. If you are wondering if it pinjaman personal loan aeon smart to pay cash for a rental, consider the returns you may be giving up.
In my opinion, it is better to use other peoples money and increase your returns versus paying cash. Some people are very averse to any risk and do not want any debt application personal loan format all. If the idea of debt makes you sick to your stomach, maybe paying cash versus getting a loan is the best route for you.
I will continue to get as many loans as I can and to buy as many rental properties as I can because of the incredible benefits rental properties offer. For more information on how to buy the best rentals which will make the most money, check out my book: Build a Rental Property Empire: The no-nonsense book on finding deals, financing the right way, and managing wisely.
The book is 374 application personal loan format long, comes in paperback or as an eBook and is an Amazon best seller. Should you Pay Cash or Get a Loan on a Rental Property.