Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

35
Posts
20
Votes
Meleneal Cameron
  • Contractor
  • Chicago, IL
20
Votes |
35
Posts

An assignment of mortgage

Meleneal Cameron
  • Contractor
  • Chicago, IL
Posted

I am wondering if anyone can share insight on what assignment of mortgage means?  I've been scoping out a rental property that's been on the market for over a year.  When I looked up the PIN # I discovered that it was purchased back in 2015 under an assignment of mortgage.  I'm interested in the property and wondering what creative options may be available to me to take this property of the seller's hands.  Currently the seller has a realtor involved. Can anyone give me insight on possible pitfalls to lookout for and or strategies on owning this property?   

Loading replies...