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Updated about 9 years ago on . Most recent reply
Commercial property
there is a small 4 unit office complex in my area that I am interested in. We have other commercial properties in the area. This property is to be sold at sheriffs sale nov. 19. I have spoken with current owner about assuming payments or buying subject to the existing mortgage. He has completely walked away and wants nothing to do with lender or property. Would I have a leg to stand on if I approach the lender and ask if they would allow me to assume this loan. Jim holmes
Most Popular Reply
Jim Holmes
Hey Jim. I am from Terre Haute, but live in Evansville. My Wife and I have two SFR's in Terre Haute. It would be great to connect and talk real estate some time. We are just newbies in the buy and hold game and eager to learn. I would like to get your opinion on our first two deals and our strategy for the area. Hope to talk to you!