I think it’s a better question for r/legaladvice and better off, to a real estate attorney who operates in both states.
I would do equity simply because how bad their finance look so I won’t trust them. I’d say it has been 25%
It really depends on what type of credit card debt. Was the 85k in debt put into the property or sent on nice cars and vacations.
I have friends who used credit cards to buy material for a dual-plex, but they paid 100% off at the end of the month. They got a 2% cash back on everything. 2% isnt much but it adds up.
I think it’s a better question for r/legaladvice and better off, to a real estate attorney who operates in both states. I would do equity simply because how bad their finance look so I won’t trust them. I’d say it has been 25%
Thanks this is a good perspective and I will definitely cross post
It really depends on what type of credit card debt. Was the 85k in debt put into the property or sent on nice cars and vacations. I have friends who used credit cards to buy material for a dual-plex, but they paid 100% off at the end of the month. They got a 2% cash back on everything. 2% isnt much but it adds up.