A blanket mortgage enables real estate investors to buy, hold, and sell multiple properties under a single financing arrangement which is more efficient than having multiple individual mortgages. With a blanket loan, properties can be sold without triggering the “due on sale” which allows proceeds from the sale to be used to purchase more property.… The post Blanket Mortgage Fundamentals: Rates, Terms, Qualifications and More appeared first on . from https://fitsmallbusiness.com/blanket-mortgages/
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AuthorHello I am Teri Crawford 26 years old living in Toronto, Canada. I have recently finished my MBA and planning to start my own business. Archives
November 2018
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