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Updated over 1 year ago on . Most recent reply

User Stats

23
Posts
6
Votes
Daniel Holbrook
  • Rental Property Investor
  • Salt Lake City, UT
6
Votes |
23
Posts

Assumable Mortgage in Salt Lake County

Daniel Holbrook
  • Rental Property Investor
  • Salt Lake City, UT
Posted

I am looking to buy a property ASAP with an assumable mortgage (usually VA or FHA). Send me what you have or can find!
Can be single-family or 2-4 unit property in Salt Lake County! Wholesale, sub-to, or wraparound situations could work too.
Criteria:

  • Salt Lake County
  • Gap between loan balance and asking price under $200,000
  • Interest rate below 5%
  • At least 3 bedrooms and 2 bathrooms
  • Especially focused on properties that work as investments (ADU, multi-unit, excess land, etc.)
  • PITI below about $5,000.

Looking for a relatively good value and the potential to use as an investment during and after the time I live there.
I am not VA, but non-veterans can usually assume VA loans. I am prequalified and have the down payment ready to go!

Thanks in advance!

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