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Updated over 2 years ago,

User Stats

949
Posts
799
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Michael K Gallagher
Agent
  • Real Estate Agent
  • Columbus OH
799
Votes |
949
Posts

Assuming Debt on 56 Unit Deal?

Michael K Gallagher
Agent
  • Real Estate Agent
  • Columbus OH
Posted

Just perusing Catalyist and came across a 56 unit garden apartment deal in a solid area and the deal mentions the ability to assume the debt vs the early payoff fee on the current debt. Can anyone elaborate on the specifics of what to look for in this situation or what would guide your decision around to assume the current debt or bring your own?

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