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Multi-Family and Apartment Investing

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Michael K Gallagher
  • Real Estate Agent
  • Columbus OH
729
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854
Posts

Assuming Debt on 56 Unit Deal?

Michael K Gallagher
  • Real Estate Agent
  • Columbus OH
Posted Aug 4 2022, 07:26

Just perusing Catalyist and came across a 56 unit garden apartment deal in a solid area and the deal mentions the ability to assume the debt vs the early payoff fee on the current debt. Can anyone elaborate on the specifics of what to look for in this situation or what would guide your decision around to assume the current debt or bring your own?

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