As soon as your domestic deal, you might repay both of these money into the continues
Funds from the newest link financing can then go toward their next downpayment. In such a case, you make payments on the link loan plus first-mortgage for the aim of using all of them each other away from when you sell very first home. Very, having fun with those same wide variety away from prior to: might owe $350,000 in total toward money you have got against your property-the newest $250,000 remaining on your own…
Continue reading