Dominic Franco
Loan Assumption - Do I have to occupy it?
Ok, so I've searched and come up dry on an answer. I am looking at assuming a VA loan from the seller and wondering if this means I still fall under the rule of having to live in it as my primary residence?
Alvaro Briceno
Owner Financing: Taking over the loan-Simple assumption
Anyone experience in taking over a seller's existing loan? I read that in some cases depending on the date the loan was created that FHA and VA loans you do not have to qualify but in most cases you do. I know you can...
Jason Lowery
Analyzing batch of 14 low-income SFR's (conservate assumptions)
I am analyzing a low-income rental(s) deal I stumbled upon yesterday. All properties are under the same LLC, sold as a batch only. The current monthly combined rent is $5,745 although I'm still trying to find out if a...
Hassan O.
example of multifamily underwriting with loan assumption & refi
I'm trying to evaluate a multifamily opportunity where an assumption is possible for acquisition with later refi and later resale. Does anyone have an example spreadsheet of how to make this work that they're wiling t...
John Blanton
Underwriting assumptions Refi in 5 years I/O terms
Currently looking at an investment as an LP and the sponsor is assuming a refi at the end of year 5 with a I/O term of 36 months.To me this feels like they are doing that to juice the returns in the pro forma and errs...
David Roe
Loan Assumption as a form of no money down?
I'm new here, have zero deals... well I kinda have had two but not under the aspect of wanting to do this for income. I got divorced in 2014 gave my ex the house but if she sold it I got half the profit, if she kept ...
Carolyn F.
Va Assumption and need Second loan to cover difference
Client considering assuming va loan at 230k and needs 30k second loan to close the deal. Seeking lenders.Thank you
Matthew Miller
[Calc Review] Help me analyze this deal/Accurate assumptions?
Hi All,I went pro, am using the calculator and analyzing two deals per day and actually am seriously looking at this house. It looks like a terrible investment but am not sure if this is because my numbers are terribl...
Mike Landry
need a creative solution! assumption and sell back later
Here is the situation. The home owner has an owner financed note remaining of 90K. Minimal to no repairs. ARV 185,000. Her note balloons or expires in 2017. Set up in 2012. I suspect it was not done to frank Dod...
Richard F.
70% ARV Assumption --> Not with Transfer/Recordation Tax (MD)!?
Hello All,My computer processor has been completely exhausted trying to help me determine whether my conclusion is valid in regards to investing in Maryland (Montgomery, Prince George's, Anne Arundel, Baltimore Counti...