I was driving for dollars recently when I found a great opportunity for a rental.After a week of search and calls I found the home owner. He attempted to put the home under bankruptcy about 2 years ago and it "fell ou...
Hey everyone! Finally took the plunge and decided to post on here. BLUF: Does anyone have any good tricks to find properties that have VA/assumable loans? I've tried searching "loan" "assumption" or "VA" on Zillow w...
Hi there-I am currently looking at a potential rental property. I wanted to run the numbers by you. I have been using the BP Rental Calculator. Want to be sure I am on the right track :) Much appreciated.DEAL OR NO D...
Hey Guys!I'm focusing on single family homes in the Brighton and Pittsford area because they have good schools and they tend to attract more white collar renters with higher credit scores. I need some help verifying s...
Hi All- Newbie investor here, searching for my first rental property. This has been a goal of mine for many years and I'm finally in a place to pull the trigger.I live in So. Cal and (though sparse) I'm able to find...
Happy Monday fellow BP'ers! Been a lurker here in the forums now for several months. I've listened to several of the BP podcasters who discuss MF as well as read several of the threads here on the forums, but was ho...
I'm assuming a VA loan on a $407,500 property. The original mortgage was for 340k. I have 77k in cash that I can use to bridge the gap. The mortgage would be at 2.7%. The property is a brick 2200 sq ft 5bed/2 bath fro...
I am currently purchasing a property that has a Freddie Mac loan assumption available with 4.82% rate, 9 years remaining and 30 years amortization. The income and LTV can cover another 2nd loan as well. I am wondering...
Hi-Has any investor ever assumed a VA loan as a rental property? Or does it need to be owner occupied? I have a military seller who locked in at a flat 3.0% interest rate on a new construction home several years ago...
Hi All - I am a newbie in the learning / education accumulation phase. My strategy is likely going to be buy and hold single family homes in FW area to rent out. I am looking at homes online on a daily basis, but righ...