We recently secured financing on this purchase. Just north of Beverly Glen Blvd in Los Angeles. This house was purchased for $70,000 less than appraised value. Thus far, in 2017, we’ve noticed the trend of higher leverage for our borrowers, and this is evidence of that trend. Regardless of what some might say, a higher interest rate market will always be more beneficial to the buyer.
Contact us directly at 213-330-4247 or send an email to koorosh@masihifinancial.com the next time you or your client is in the market to buy a home.