Updated over 11 years ago on . Most recent reply
Mortgage Broker - Raleigh, NC
My wife and I are working on some deals here in North Carolina. The investor we are currently working with doesn't seem interested in acquiring loans sub-to if the loans aren't actually assumable. We are having discussions with owners of small apartment complexes (25-50 units) with some equity and possibly willing to hold back a 2nd and need a great recommendation for a LTV lender... I know there are typically seasoning requirements, but with a seller second, can we get a new loan immediately?
Strategies, advice, and broker recommendations welcome!
Thanks
John



