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Updated almost 8 years ago on . Most recent reply

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Yuhanna El
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Assuming a VA loan, any ideas or insight is welcome

Yuhanna El
Posted

I am seeking to purchase a SFR as my primary in San Diego. I found a seller of an unlisted property that is getting divorced and wants out of the property asap. I know that assuming the mortgage is a possibility (VA loan) and the seller is open to it, however, I don't know how to structure it. Seller wants cash, quick close but will forego those if money can be paid on the back end without the divorced spouse getting anything. I know it is these type of situations that investors can really profit from and I want to make this my first home here in SD. I need a strategy that works for both me and the seller, any ideas?

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