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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Too much equity to purchase???? Posted by David Wagner on September 14, 2003 at 9:48 AM I recently came across a property that has a fair market value of $750,000 and the only loan on the property is for $208,000. Obviously, the owner doesn't want to do a deal for $80,000 which is the max I have for an equity purchase contract. Do you have any suggestions or should I just avoid properties with too much equity for now.... ????? Follow Ups: Try cash and paper combination... Ward-CA- 2:36 PM, 09/14/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I recently came across a property that has a fair market value of $750,000 and the only loan on the property is for $208,000. : Obviously, the owner doesn't want to do a deal for $80,000 which is the max I have for an equity purchase contract. : Do you have any suggestions or should I just avoid properties with too much equity for now.... ????? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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