Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Assuming a mortgage ?
If you assume a mortgage from a family member, do you have to occupy or can you rent the property? Is this lender specific? Wanting to assume a property and let MIL continue to live there while we own it. Her, paying only a small portion of the mortgage, the rest being covered by us.