If the agent is telling you there isn't an assumable loan there likely isn't one.Or if there is, the seller probably doesn't want to waste the time it takes to do an assumption.

I won't pay for a property on the assumption that all systems are good if I have no way of checking the systems. 

Shoot me a DM, I actually have a VA subto opportunity on the table, or possible assumption.

This is an assumption on my end. 

Right now its generally as little as 12.5 bps (1/8 of a percent) at most lenders so not really worth it.Regarding the terms you posted - I ran these through our sizing and they look in the ballpark of market, not much better or worse - with some assumptions, our pricing looks to be 8% flat with zero origination fee/broker fee and $1,000 underwriting for this scenario. 

The return looks suspicious but I can send you a model with your deal in it if you send me all the underwriting assumptions.

and then they have nothing - no cash flow, no appreciation, nothing.That holds true with any deal - all I am saying is cash flow is a bit more predictable than appreciation assumptions ...  

@Ketul ShethRecommend 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.

Here's some food for thought: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.

But you have made several incorrect assumptions and statements.