Ep 42 - Investing in Distressed Commercial Assets: Loan Assumptions, Loan Workouts, & Off Market Deals with Ann Hambly
Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing
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Rent to Retirement: The #1 Resource for Wealth-Building Real Estate Investing
It is a short sale. So it's a marketplace or you have listings where someone could look at buying a undermarket property and get a good deal on it. And the lender is accepting that. They don't want to save short sale or something like that, but they could be coming in and getting a good option on it. Yeah. It's just that it's funny when you're in commercial real estate, you often hear lenders say, I won't accept a shortsale. Now, all the let Joe Smith over here pay off the existing loan at a discount. We'll see you on the next episode.
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