Hey all,I'm looking into assuming the mortgage on my sisters house and am struggling to figure out how to finance the equity that I would have to come up with to make the deal work. Some details on the deal below:Mort...
I wish to assume the loan on a rental property I inherited. The trustee says the trust can't be closed because the loan is still under the name of the trust. The bank (wells fargo) is refusing to do this.
A retired a...
I'm seeking strategies for assuming someone else's mortgage as a primary residence. What is the best way to explore if this is an option with the seller's lender? Are there any strategies for making this more desirabl...
I have found a potential short term cabin in a great spot that is only wanting to have someone assume their current loan. It would take about 230k to resume it, so my question is what are my options for financing? Fin...
I'm hoping to make an offer to a retiring friend who has a house to sell. I would like to create an offer that would let me delay creating a mortgage and some type of annual or semi-annual payment for 3 years. I won...
Well I guess the title already asks the question. This is something I haven’t been able to find in the forums, and surprised I haven’t. My question is: is it possible to assume a VA Loan on a already Foreclosed VA own...
It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan throug...
Hi everyone,
I have a house under contract for 37,500. I have not been able to wholesale it. I just found out that the property is in pre-forclosure and the mortgage is a non qualifying assumable. the balance is 14,00...
Hello, allI am a new investor and I have recently seen a listing from another investor who seems to be selling a lot of properties in some of my areas of interest. In the overview, they let you know these are not dis...