The Joe average doing this or trying to do this in many cases are leveraged to the hills.

@Joe Fairless My gut is telling me that its somewhat difficult/different to underwrite a portfolio of single family rental properties the way you would underwrite a multifamily portfolio.

@Joe Gore Can you elaborate a little on the rules?

Joe Gore

Ditto to what Joe said, Sterling.

Hello, Joe GoreWhich fees or money do the Investor's want to pay at closing?

Originally posted by @Joe Fairless: @Justin Miller great intro.

Originally posted by @Joe Gore:Most people that want to assume a loan are not creditworthy or have the income.Joe GoreConsidering the liability remains with the seller if an assumption is carried out with out a credit review of the buyer, this is definitely not the case. 

Hi Joe,Thank you for your very quick response.

@Joe FairlessThere are 4 reasons vacation properties appeal to me. 1- They are what got me thinking about REI in the first place. 2- As I mentioned to Sundeep, from my very inexperienced point of view, it seems like they have the potential to generate a lot of income - if the occupancy rate is high enough. 3- I like that the "rent" is paid up front. 4- I thought it would be cool to be able to stay in my own property in areas my family likes to visits