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Updated about 10 years ago on . Most recent reply

Anthony Kondor's profile image
Anthony Kondor's profile image
Anthony Kondor
  • Rental Property Investor
  • from Chicago, IL
  • Member since Dec 16, 2014
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Anthony Kondor's profile image
Anthony Kondor's profile image
Anthony Kondor
  • Rental Property Investor
  • from Chicago, IL
  • Member since Dec 16, 2014
Connect
Anthony Kondor
  • Rental Property Investor
  • Chicago, IL
2
Votes |
103
Posts
Private Lending & Conventional Mortgage Advice

How can I discount a second mortage or any liens

Anthony Kondor
  • Rental Property Investor
  • Chicago, IL
Posted

I'm looking at a property and it can be a great deal if I can get the second mortgage discounted or wiped off! How can I go about getting the second mortgage discounted?

The 1st mortgage is 78,000 and the second is 45,000 the purchase price I'm buying is at 85,000. The arv is 210,000 and If i can get the second mortgage discounted that would be great!

Please give feedback!

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