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Rickey Wallace's profile image
Rickey Wallace's profile image
Rickey Wallace
  • from Lancaster, PA
  • Member since Jan 4, 2016

User Stats

80
Posts
14
Votes
Rickey Wallace's profile image
Rickey Wallace's profile image
Rickey Wallace
  • from Lancaster, PA
  • Member since Jan 4, 2016
Rickey Wallace
  • Lancaster, PA
14
Votes |
80
Posts
Buying & Selling Real Estate

Transactional loan for short sale

Rickey Wallace
  • Lancaster, PA
Posted
Why would someone consider using a transactional lender to buy a short sale or REO? Since the loans are for such a short period of time, ¿how would they be able to pay it back by the time the 3-7 day term is up?
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