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...

If I buy a small business that includes real estate, it is possible to assume the existing loan (at a lower rate), and finance the additional amount up to asking on a second position mortgage? I am talking about SBA l...

Is there a how too for locating properties for sale with assumable loans on them? Thank you

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...

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?

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...

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?

What is the upside in assuming an existing mortgage on a property? Most deals I see that advertise the ability to assume the existing mortgage seem to have higher interest rates compared to what is being offered now o...