ASK MIKE MONDAYS - How difficult is it to ASSUME a FANNIE MAE loan? What is a SUPPLEMENTAL loan?
Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles · Paul Peebles
March 27, 20177m 20s
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Show Notes
A unique feature with a Fannie Mae loan is the ability to assume the existing loan from the seller and then apply for a new subordinated loan to get max leverage. Mike explains the additional benefits and needed structure of applying for a Fannie Mae assumption & supplemental loan.