The sellers came back and shut it down, will not accept anything but a full payment. 

They informed me that they could not wait that long and requested payment by Wise.

On our most recent purchase, we bought a home with an assumable loan which allowed us to reduce our monthly mortgage payment by over $1,100 because we assumed a loan with a 3.08% rate instead of taking out a new loan (at that time) with a 7.5% rate! 

. $900k, which would be almost $350k in equity today with $250k all-in for down payment/closing/rehab.

The city is one that’s consistently listed as a top 10 2024 real estate market, the projected cash flow is intriguing ($50,000 - 25% down payment, estimated $7500 annual cash flow), both units are leased until October and December (as a potential new landlord this gives me some security), but I feel hesitant with offering on a century old property.

Not in houses if you’re making payments.  

Is anyone using this method?

So, it could just be that they fell behind on a couple payments and will become due, or maybe because the servicing of the Note changed so some payments are missing until the servicing catches up..The sheriff's auction list, the foreclosure list, is the main foreclosure list. 

In all, we were able to do a cash-out refinance after 1 year and got our entire investment, including down payment, back into our personal accounts and we still have a cash flowing property.The beauty of smaller town and communities is that often big-time investors are not looking at them as closely and they can cash flow quite well, at the sacrifice of "natural" appreciation.

Park Hotels and Resorts decided to stop debt payments on their two-hotel, 3,000-room, portfolio in San Francisco, the Parc 55, and the Hilton San Francisco Union Square.