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Updated 2 months ago, 09/12/2024

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7
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0
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Marcus Griffin
0
Votes |
7
Posts

1st deal loan modification help

Marcus Griffin
Posted

I purchased a home sub2 that was a pre foreclose. The bank is offering 2 options for modification. I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 payment. Plan is to cash flow property as airbnb. Please advise?

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