Asked by Tricia, Phoenix, AZ • Tue Oct 28, 2008
My friend did an interest only loan on her house a few years ago, and now she no longer makes the income to qualify for a traditional loan and they are going to foreclose even though she has been making the payments. I need the tax deduction and want to take over the house. I make ALOT of money but my credit really is bad. I have a little for a down but what is the best way to do this?
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