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Updated about 7 years ago on .

Cavan Jones's profile image
Cavan Jones's profile image
Cavan Jones
  • Rental Property Investor
  • from Shawnee, Oklahoma
  • Member since Oct 17, 2017
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Cavan Jones's profile image
Cavan Jones's profile image
Cavan Jones
  • Rental Property Investor
  • from Shawnee, Oklahoma
  • Member since Oct 17, 2017
Connect
Cavan Jones
  • Rental Property Investor
  • Shawnee, OK
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Buying & Selling Real Estate

Assuming a loan from someone with an FHA loan

Cavan Jones
  • Rental Property Investor
  • Shawnee, OK
Posted
I have found a house for sale that is currently under an FHA loan. I can’t assume the loan because I want to use it as a rental. What is the best path to take to work out a deal with these owners. They are willing to let me assume the loan if I could. They are motivated because they have already moved and want only to get rid of the second house payment. Any info would be appreciated. Thank you.
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