Assuming or taking over delinquent apartments - Posted by William

Posted by richard norton on February 18, 2010 at 22:42:38:

Hi william

anythings possible there are many roads to New York…

I would need to know more about the deal…

for a short list of things I may be able to help with point your browser to

www.windfallprivatefunding.com

hope this helps

cheers

Richard

Assuming or taking over delinquent apartments - Posted by William

Posted by William on January 31, 2010 at 19:33:49:

Looking for some answers here:

  1. Is it possible to assume a reo 45 unit apartment complex from the bank or delinquent apt. owner? If so how?

I am bringing 200k to the table as well to @ least show that I am serious & have some skin in the game. Management experience (RE Broker,& have several rentals).

The reason I am asking is because I believe it would be simpler to do it that way other than jumping through hoops to get financing & coming up with 35% down payment.

Thanks in advance for your advice,

William