I don’t know this market specifically to make that assumption but in my market if you’re buying a 2-4 unit property the seller might leave 1 units it vacant for owner to occupy but there’s usually not totally vacant property.

Curious if the sales contract showing the sale is subject to the buyer talking over mortgage would be counted as “any” assumption agreement Freddie is asking for. 

If they say no on that I would probably just do the inspection but be very conservative in your assumptions and particularly onery when it comes to the resolution of unacceptable condition.  

I think I remember correctly that for a period of time 80% of real estate transactions involved some sort of seller financing or existing loan assumption.

They were based on assumptions that low floating rates would stay low forever and so would cap rate compression.

You can use it to secure a loan, usually between 75-80% of its value, giving you the financial muscle to pay cash for your new property in Florida, in your preferred areas between Port Saint Lucia and Melbourne/Viera.For example (I'm making assumptions):Imagine you're selling your Kentucky home for $400,000.

@Jonathan Feliciano you can say this about Detroit, Columbus, St Louis and many other Midwest cities.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

. +30% vacancy for 24 months, caused by two evictions, one unit on market for 7 months, and the two new properties taking 1 year in renovations instead of 4 month estimate (~$30k of lost income above assumption of 10%)2. $45k from several unexpected large repairs (water leaks, roof collapse, siding rot, plumbing main line, etc.)These issues are also causing me to rethink the assumptions in my model, increasing my vacancy rate from 8% to 12%, repairs from 5% to 20%, and capex from 5% to 20%.

You may assume people who get into wholesaling business are all fools, and that's ok, you can continue being biased and make wrong assumptions.

@Denise Evans that was my assumption. thank you for the clarification!