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?
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:14:55
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Sinopse
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.