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Updated over 5 years ago,

Chi Yang's profile image
Chi Yang's profile image
Chi Yang
  • Member since Sep 17, 2018
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Chi Yang's profile image
Chi Yang's profile image
Chi Yang
  • Member since Sep 17, 2018
Connect
Chi Yang
0
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1
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Buying & Selling Real Estate

Transfer of ownership

Chi Yang
Posted

I have a family relative that’s willing to sell me/transfer his property for the remaining balance on the existing loan, plus some cash on top.

Existing balance is $135k. Market value is around $220k. Home does need around $30k worth of work.

Would a hard money loan be feasible in this instance?

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