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re: Condo Finance Advice
Posted on 10/24/12 at 12:21 am to SlidellBammer
Posted on 10/24/12 at 12:21 am to SlidellBammer
I agree to never buy one. It's a terrible idea. 90% of the time
1
Posted on 10/24/12 at 9:46 am to bryso
Have you tried to sell it? What is the condo market like where you live. The only thing about the short term interest rate is you don't know if you will be able to sell it and we don't know what rates are going to do. Have to talked to a Mortgage Lender about your options? You may be able to get your Dad to sell the property to you and give you a gift of equity and do a conventional loan. Do you have good credit? FICO 700 or higher?
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