Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago, 08/04/2014
Assuming a loan
My question is how to step by step assume a loan. Example my mother wants to move but has not been able to sell her house and has offered me the house. my credit is poor. I can rent the house out for more than her current house payment. I have herd of assuming a loan but I Don't know where to even begin.