Core concepts
Capital efficiency
Skip down payment and qualification; assume existing favorable rate.
Due-on-sale exposure
Lender right to call loan exists but rarely exercised in current rate environment.
Examples
- Buying $0 down with existing 3.5% loan in place; cash to seller covers their equity.
Practical applications
- Distressed sellers needing fast exit.
- Investors leveraging low legacy rates.
Common mistakes
- Ignoring due-on-sale and insurance vesting issues.
- Operating without attorney involvement.
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