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All Forum Posts by: Brian Hansen

Brian Hansen has started 2 posts and replied 2 times.

Post: Assumable mortgages for investment properties

Brian Hansen
Pro Member
Posted
  • Posts 2
  • Votes 4

I found a property that has a conventional loan on it by seller (definitely not FHA/VA). They are claiming this conventional loan can be assumed by the buyer and have paperwork from the bank to start the process.


Has anyone ever seen this or gone through on completion to be able to assume the loan/rate of the seller while also having property not owner occupied?

Post: Looking to start in Las Vegas

Brian Hansen
Pro Member
Posted
  • Posts 2
  • Votes 4

Want to start investing in real estate and hear to invest where you know and live first. Then i see other rules for rent based on price and cash flow and none of the properties in Las Vegas seem to come close to being cash flow positive unless I’m 40-50% down. Is this just the wrong market to be investing in?