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  • Using equity in one building to buy another

    Hello,   Has anyone tried this???  I have a building with a loan on it for 126K, I had an appraisal done last fall when I bought the property for $170K (i've done a lot of improvement so i'm sure its worth more). I want to use the equity from this building to buy a $150K. I want to buy it for $140K so i'll be looking ...
    Posted to Real Estate (Forum) by lasalsa03 on April 20, 2007
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