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Hi Everyone,
I have a Mulit-family that isn't producing and is in an area where I am trying to pull out of. I have an offer to take over the mortgage plus a small cash offer. My mortgage states that it is not Ass...
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Looking for more information in regard to assuming a VA Loan from someone. What type of transaction fees should I be looking to pay and is there a down payment required? If so, how is that determined? Any additional a...
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Is there a how too for locating properties for sale with assumable loans on them? Thank you
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Hey Bigger Pockets!Had a quick question. My aunt owns a home in S.C. and she wants to relocate to another city. She had many updates done to the property over the past 5 years (kitchen, bathroom, floors, wrap aroun...
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It is hard to find info on "subject to" mortgages, i was wondering what this type of assumable was about. I heard that the "promissory note" was kept in the owner's name, what does that mean?
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BP First Post.I'm looking into my first investment. The mortgage would be assumed from my parents. Currently they have a $1500 mortgage. SFH 4 Bed 3 Bath.The property can rent for $2400.I would need to rehab the prope...
Hi BP,My friend is interested in selling his condo to me. He currently has a ~130k conventional mortgage on the property from Truist Bank and property is currently valued at ~@200k. I was wondering if anyone knows a w...
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Good morning BP!
So, my husband and I have had a deal drop into our laps that would be so great! It’d be our fourth door in four years, and would spare us one more move (house hacking with small children ain’t for t...
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Hi,I am in the process of crunching the numbers on a single family home in Chicago, and I trying to think through the ins-and-outs of the financing structure I have in mind. The property has been on the market for a ...
Can some mortgages not be assumable?