Help Needed To Structure A Deal
There is this small duplex, it has an assumable loan, some restrictions apply at 4.85% of 75000, the owner wants another 50000 cash, he might be willing to carry a second, what can I do if I cannot assume the first loan? Ideas will be greatly appreciated.
ask to buy it subject-to existing financing
Have you try putting a loan on there. You should check first to see if you could get one. If you need help getting finance. I am a mortgage broker. Get in touch with me.
Ethan Vo
FundingSource @ socal,rr,com
714-914-9379