First Deal in the hopper
After reading the below information if you think this is an unwise move, please speak freely.
Hi my name is Dene and I have a opportunity to assume a VA 55 plus below market by about 30k. The owner asked me for a small amount down under 15k and I can assume the loan he will pay the mortgage for a year in order to release his VA option so he can buy something in another state.
Well since I just tapped out all of my commissions paying off debt and I am getting my daughter off to college in 2 weeks, I am totally strapped. Anyone want to hold a silent second for the down of 15k for 1 year with a negotiable favorable return?
Let me know.