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All Forum Posts by: Chi Yang

Chi Yang has started 1 posts and replied 1 times.

Post: Transfer of ownership

Chi YangPosted
  • Posts 1
  • Votes 0

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?