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Updated about 6 years ago,

User Stats

31
Posts
4
Votes
Jim Francis
4
Votes |
31
Posts

Refinance Help or Exit Strategy Ssuggestions

Jim Francis
Posted

Hey I'm Jim and I'm new here. Really been loving the wisdom and networking here.

I have a Lease with Option to buy for 5 years...in the 2nd year now...have a tenant in the property that has paid on time for 2 years like clockwork.

Bought it from a soldier who now wants to get out of his VA...Tenant does not qualify traditionally for a mortgage.

Home is at about 80%LTV or close...If this was your situation what route would you take for an exit strategy?

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