I found a guy with a list of assumable mortgages in my area. All of the homeshave at 20,000 in equity. What can i do with this, How can I make money off these properties? Is my only option ernting them out?
I have been trying to obtain more properties to rent by assumable loans. I have found a large number of homes financed in the past 4 years that are assumable. However, the real estate agent I work with reuses to ...
I started out looking for investment properties that the owner will finance. I have found a few properties that the owner will allow an me to assume the mortgage, I will give a down payment, and they will owner financ...
Hello. Can anyone explain how an assumable loan works? I want to help out my parents with their mortgage payments. Can I make a mortgage payment to the lender on their behalf without any consequences to me or them?...
Hello everyone,My Grandfather owns a duplex living in one half. The house is in great shape as he refinanced 10 years ago and redid everything from new siding, roof, pretty much whole house make over.The home is wort...
Looking at a commercial asset that has an existing CMBS loan with very attractive terms. The loan is very new actually. I wanted to know, if we were to purchase the property, how would the CMBS lender underwrite us. O...
Hi Folks, I was thinking about assuming a mortgage of a deceased owner the family wants nothing more to due with the home and is now in pre-foreclosure i plan to flip it for a profit but i wanted to know what step i ...
I have a client that is motivated in and has agreed to sell their property. They have agreed to let me assume the mortage and give a small down payment. Can anyone guide me through the process of assuming a mortage ...
My aunt owns a property. She has a mortgage and second loan and she is struggling to cover the taxes and insurance. She doesn't work so can't refinance. She is not underwater, but she doesn't want to sell as she woul...
I am a wholesaler in Fayetteville, NC which is a town made mostly of veterans both active duty and retired. The majority of the homes purchased here are done so with VA loans, but the downside is after 3 years at a st...