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Updated over 7 years ago on . Most recent reply

Jim Francis's profile image
Jim Francis's profile image
Jim Francis
  • Member since Nov 25, 2018

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31
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4
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Jim Francis's profile image
Jim Francis's profile image
Jim Francis
  • Member since Nov 25, 2018
Jim Francis
4
Votes |
31
Posts
New Member Introductions

Refinance Help or Exit Strategy Ssuggestions

Jim Francis
Posted

Hey I'm Jim and I'm new here. Really been loving the wisdom and networking here.

I have a Lease with Option to buy for 5 years...in the 2nd year now...have a tenant in the property that has paid on time for 2 years like clockwork.

Bought it from a soldier who now wants to get out of his VA...Tenant does not qualify traditionally for a mortgage.

Home is at about 80%LTV or close...If this was your situation what route would you take for an exit strategy?

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