Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply
Can you help someone with no equity?
I have a friend who desperately wants to sell his house. He has moved out of town and is still paying the mortgage on the property. It got me thinking about ways to help.
Home value is around 180K. Mortgage balance is the same. i think his payment is around 1200/ mo, and rent in the area might go for 1500/ mo. How could you structure a deal to help someone in this situation?
Most Popular Reply
Steve Vaughan
#1 Personal Finance Contributor
#1 Personal Finance Contributor
- Rental Property Investor
- East Wenatchee, WA
- 16,108
- Votes |
- 10,251
- Posts
Steve Vaughan#1 Personal Finance Contributor
#1 Personal Finance Contributor
- Rental Property Investor
- East Wenatchee, WA
Okeydoke. When the information trickles in, we provide all kinds of irrelevant questions and answers. Thanks for clearing that little tid bit up.