Posted by Bill Bronchick on May 16, 2004 at 11:47:42:
It’s a tough call…
Certainly, there’s a potential risk of getting your loan called if interest rates rise substantially. Of course, there’s also a risk that the seller could die, reneg, disappear, etc and leave you with a title problem down the road. So, you need to weigh the different risks and determine which is a bigger one for you.
Bill…subj2 vs ILC with VA loan - Posted by Daniel_NC
Posted by Daniel_NC on May 15, 2004 at 19:40:59:
Reading Bill’s “Alternative RE Financing” book and want to try to clarify.
I have a seller willing to sell subj2 with VA loan. I understand CFD does not trigger DOS on a VA loan. Would you still buy subj2 or go with the CFD? Pluses and minuses going either way. Just looking for some opinions.
Exit is sell on ILC.
Thanks,
Daniel