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Updated over 1 year ago,

Beau Alesi's profile image
Beau Alesi's profile image
Beau Alesi
  • Member since Sep 14, 2019
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75
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9
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Beau Alesi's profile image
Beau Alesi's profile image
Beau Alesi
  • Member since Sep 14, 2019
Connect
Beau Alesi
9
Votes |
75
Posts
Buying & Selling Real Estate

Buying Short Sale

Beau Alesi
Posted

Buying a short sale(friend of mine) that will be about $500k. My broker is telling me that an investment loan is about 9.5% interest. Is that correct?

Going to try the conventional route. I own (2) houses. One my primary and another a rental.

My wife is not working and my income is $175k year but we have about $80k in loan debt so doubt conventional will be approved

Long Island, New York
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