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There used to be some pretty clear differences between the two leading iBuyers – Zillow and Opendoor. Now things are blurrier. Source: Inman News
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Home Equity Line of Credit. Tap into Your Home’s Capital. A HELOC is flexible the way a loan isn’t. Once approved, a line of credit can be accessed any time, for any amount up to your limit. With a loan, you need to re-apply every time you want more funds.
TRANSACTIONS: Meridian places new mortgage of $15,000,000 for multifamily on Ludlow Street | Real Estate Weekly RXR has now closed on the deal, according to Crains, marking one of the citys biggest commercial transactions of the year. Its partner on the deal is real estate investor David Werner, according to the Commercial Observer, which noted that the duo financed the purchase with $1.2 billion in loans from AIG and Morgan Stanley.