Financing For Wrecked Properties
By David Whisnant, JD
http://4-real-estate-investing.com
Most real estate investors know that they can get a better deal on a property that is in rough shape. Broken windows, missing doors, holes in the walls and other problems all indicate a property that can be bought at a substantial discount.
However, what most people don’t know is that properties like this can be tough to get financed. The reason is that most lenders will insist upon the appraisal indicating that a property is in “average” or better condition. Find ou more about this critical issue HERE.
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