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Results (10000)
Fab Saiz How to assume a note
10 December 2022 | 2 replies

Scenario:
Property price 32k has 20k note at 4.5% on it.  I want to pay 12k cash and take over the note.  Is this possible if so how?
Thanks in advance 

Account Closed Assumable Loan or Purchase Price
7 June 2023 | 2 replies

Hi there, I am looking at a property that says it is an assumable loan for $1.7 million (if I were to get approved of course) but then the listing price of the property is $4 million. If I were to assume the loan, doe...

Tim Jones Assumable loan vs Subject To
5 September 2023 | 3 replies

Hello,I'm looking to understand the difference between an (FHA, VA, etc) assumable loan and a Subject To (an existing mortgage). Thank you for your time and consideration.TJ

Jose Perez Benefits of a Assumable Mortgage??
13 January 2019 | 3 replies

Hi Everyone!! Newbie here!! I think I found a good deal on a Duplex, The owner says it can be an assumable mortgage.  Can someone explain the term to me? Also, What are the benefits of an assumable mortgage for me(buy...

Mark Maire Should I assume this loan?
21 June 2014 | 5 replies

Its a 3 BR/1 BA SFR 1100 SQ FT. With detached garage and mother in law suite detached. The loan is at $110,000 with $20,000 in equity. He is renting it out to a friend for $900 but after researching 3 BR homes, the ...

Andrew Banker Assuming a Portfolio of Properties
2 August 2016 | 1 reply

Question for you very experienced BP members:I've had a potential deal come across my plate, and it's a little outside of my usual multi-family strategy -- total of 9 MF units and another 9 MF units under contract wai...

Amanda Swanson Assuming Tenants in Atlanta Purchase
18 October 2020 | 7 replies

I am taking over a lease through a wholesale transaction that is out of state. It's my first rental property and I am looking for advice on the best way to notify the tenants where to send the rent and letting know th...

Exavier Martinez Assumable VA loan/NACA program
29 November 2023 | 7 replies

Ok so here’s my dilemma. I want to buy a multifamily through the NACA program, but I already own a single family under a VA loan that I would like to keep. NACA rules state that you can’t already own a property in ord...

Vincent Claypole Assumable mortgage and additional financing
6 October 2023 | 6 replies

Hello everyone, I'm new to real estate investing and have been browsing bigger pockets for a couple years now. I cant quite find the answer I'm looking for so here's my question:I have found an off market deal in my n...

Nathan Cain Assume/subto then second mortgage?
9 February 2024 | 4 replies

There is a house that has solar panels that haven't been paid off yet. The owner has a 3% apr loan with 23 years left and a balance of $33k on the solar panels. He says I can assume this loan instead of building them ...