Re: O/T can it be done

Posted by Walt Davies on January 11, 2007 at 11:02:23 from (72.173.58.4):

In Reply to: O/T can it be done posted by old on January 11, 2007 at 10:21:26:

I took a $100,000 note on my last place at 8.5 it made the payment on my $66,000 at 8.0 loan on the new place with some left over. The bank would be dumb either invest it at 8 to 10 or try to carry the loan on the old place. Let the owner buy your new house for you. try to 5.5 to 6.5 on both loans and he should come out with some extra and his new place for free.
Walt

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