I've spoken with a few lenders who are amicable to sub 100k loans, but the lender/broker fees total about 8% of the entire loan amount. 

What’s the general process for assuming a loan as a buyer?

VA loan How did you add value to the deal?

If you are a lender how many loan submissions do you see for every loan you fund? 

Some details on the deal below:Mortgage rate on the property: 3%Monthly mortgage payment: $1200Amount owed on mortgage: $230KCurrent property value: $370KEquity: $140KDue to the low mortgage payment and high rent potential in this neighborhood I would like to assume this loan and rent this property out as a long term rental. 

Investors would fire you if all you could provide is  a meager 5% return with no guarantee of appreciation.

As I prepare to use an FHA loan for my first multifamily investment, I've become concerned about the extensive repairs that can accompany purchasing an older model.

RE loans to business usually require the business owner to personally guarantee the loan. 

VA loan How did you add value to the deal?

However, you need to be connected to the Internet in order to generate the codes on the erentallock web site.The way this works is that you setup an account with them and provide a master code.