Hello All,I’m on my second house hack in Chicago. My first was a 2 unit with an FHA and my second was a 4 unit with my VA. I have no entitlement left on my VA. 
I was a bit interested in Assumable a loan for a proper...

When and why would I want to ever assume somebody’s mortgage?  can somebody please give me some pros and cons to both and what it actually means. Thank you!

Was wondering about assumable mortgages and if i could use that loan and a VA loan to gain multiple properties.

Need help in clarifying when you would assume the loan of the seller and what that entails.Scenario:8.5M home with NOI 516k but has A debt of 1.7M left at 4.3% interest and 8 years remaining. B debt of 1.6M at 3.43% i...

HI Pockets community,I was just reading that FHA mortgages are assumable with bank approval. I would love to do this with a a multifamily property in Los Angeles, CA. Is there anything that I need to look out for? Doe...

Hi all - I am currently in discussion with a seller of a 4-flat home in the Chicago area, which I am looking to buy. The seller currently has the property financed through an FHA Loan that is transferrable. I am hopin...

I’m looking at a deal that the seller is wanting someone to assume their VA loan on the house. The numbers look good and looks like it would make a really nice rental property. I’m curious if anyone has been through t...

Has anyone scaled through assumable loans? Ideally, if it’s a FHA assumable loan the property has to be your primary residence for a year. Then you’re free to rent it out. So if every year I would buy an assumable rat...

Assuming a mortgage questions anyone have experience doing it any help would be appreciated….

Is the process of assuming a Loan the same as getting pre approved/ approved for a loan? Is it best to assume a loan or refinance a loan? Taking over my parents property. I have the good income but not the best credit...