San Diego Housing Market News and Analysis
So educate me about this, wise piggs...Real or fake?
User Forum Topic
Submitted by Coronita on June 9, 2021 - 6:24am
So...is the basic premise behind this is
1. use your personal income to qualify for a commerical loan to buy a multi-unit...That but loan amount doesnt go on personal credit, but the biz one...
2. then you can double dip and apply for a personal loan to buy your owner occupied house?
and presumably cash flow from rental income from the multi unit pays for mortgage of primary home...
Does this even work? or is this one if them Tom Vu like get rich quick informercials...
Really curious about this one.
the guy also has an interesting video "pretend your rentals have losses"... no comment there..lol
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