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Good problem...help with solution

Posted by Mark - Chula Vista, CA on March 30, 2008 at 9:33 AM

I have an opportunity to acquire 2 properties in old Chula Vista and a 2 on 1 in Bonita at 50% below market value. My friend is willing to hold notes until I can refi each to pull out cash to buy other properties. I would like to keep 2 as rentals and flip one. What is the best to go about doing these transactions without triggering due on sale and not letting a future lender know how much I bought the properties for? I do have a CA LLC. Any and all suggestions would be greatly appreciated!

Mark in Chula Vista, CA


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