Old Capital Real Estate Investing Podcast With Michael Becker & Paul Peebles
ASK MIKE MONDAYS - Should you assume the current debt or get a new loan?
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:14:55
- More information
Informações:
Synopsis
Today, many apartment sellers are giving apartment buyers two pricing choices. Many sellers have large prepayment penalties on their debt; so they give new buyers two prices. One, if they assume the sellers debt the cost will be lower. Two, if they force the seller to payoff their debt and occur a large prepayment penalty the cost will be significantly higher. Listen to Michael discuss the options.
