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Updated about 8 years ago,
Renting an assumable opportunity
So I have an insane deal in front of me to simply assume the loan (at just under 4% and 23 years remaining) of a residential home on East Coast. It's a standard 3 BR/2 BTH, 3/4 Brick with 2 car garage, in a slightly dated neighborhood and hot rental market. However,...........the balance is about 16K more than what the current market estimates its worth. Any tips? Advice? Short stories? powerpoint presentations? I'll take anything to help my Household CO understand this opportunity AS I SEE IT!
Jerry