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Updated almost 8 years ago,

Rickey Wallace's profile image
Rickey Wallace's profile image
Rickey Wallace
  • from Lancaster, Pennsylvania
  • Member since Jan 4, 2016
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80
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14
Votes
Rickey Wallace's profile image
Rickey Wallace's profile image
Rickey Wallace
  • from Lancaster, Pennsylvania
  • Member since Jan 4, 2016
Connect
Rickey Wallace
  • Lancaster, PA
14
Votes |
80
Posts
Buying & Selling Real Estate

Transactional loan for short sale

Rickey Wallace
  • Lancaster, PA
Posted
Why would someone consider using a transactional lender to buy a short sale or REO? Since the loans are for such a short period of time, ¿how would they be able to pay it back by the time the 3-7 day term is up?
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