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Updated over 5 years ago, 07/03/2019

Nic Hill's profile image
Nic Hill's profile image
Nic Hill
  • from San Luis Obispo, CA
  • Member since May 8, 2019
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29
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10
Votes
Nic Hill's profile image
Nic Hill's profile image
Nic Hill
  • from San Luis Obispo, CA
  • Member since May 8, 2019
Connect
Nic Hill
  • San Luis Obispo, CA
10
Votes |
29
Posts
Private Lending & Conventional Mortgage Advice

Mortgage assumption agreements

Nic Hill
  • San Luis Obispo, CA
Posted

Hello all, 

Can anyone tell me how a mortgage assumption agreement works? What are some things I should be aware of when trying this strategy? would I analyze the property at the 1% rule? What are some appropriate collaterals or cash agreements that should go into a agreement? Thanks in advance! 

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