Elsie Q.
Assuming VA Loan from my brother
Good day BP,
I am interested in assuming my brother's VA loan as he purchased a townhome 2 years ago because he PCS to another state and was unable to sell at the time. My brother agrees that I assume his loan (with...
Tracey Wittke
Addendum to prior leases ( assuming tenants)
I am purchasing a home in a college town for our sons to live in next school year. Currently there are tenants in there until August when their lease expires. I have a copy of their lease ( which is really thorough), ...
Sang Yi
Advise on my VA assumable loans
I don't need agents to send me any listings. I usually pick out which ones I'm interested.
I gave one agent 1-4 homes to look into and not really feeling good about his responsiveness. I was wondering if I can use an...
Nicholas Reynolds
Assuming payments on "Subject to" property.
I'm new to investing, and want to start my journey with acquiring properties with the "subject to" method, and owner financing. I want to use the cashflow from these to start acquiring more properties. My question is ...
Brooks Conkle
Negative Cash Flow + Assuming a Mortgage
I'm analyzing a deal that has approximately negative (-$3,000) in cash flow each year.I wouldn't normally invest, but the kicker is that I have the opportunity to get a deed subject to the existing mortgage. This mak...
Deren Huang
Land Trust and Assuming the loan
I have a house that I am looking at, but I can't quite get the price point that I want. If you can't get the price, get the terms...I have heard that if you purchase a house in a land trust the due-on-sale clause can'...
Mike Flora
Assuming VA loan and then renting
Can't seem to find the answer on this one!! Anyone know for sure that after you assume a VA loan and lender approves are you able to rent the property? I know you are not allowed to purchase a property with a VA loan ...
Kile Baker
Unique Deal? VA assumable Loan, 2.5%
Greetings,First possible investment opportunity: Just looking for some wisdom here as this is a little out of my expertise on how to calculate. Looking to see if this might cashflow, or any wisdom from someone who may...
Scott Moore
Analyzing MF asset with assumable loan
I have been using Michael Blank's SDA, and am wondering if anyone has experience with underwriting an assumable loan on his model? The assumable loan in question has a far lower interest rate than the additional debt ...
Sang Yi
Advise on my VA assumable loans
Just needing some advise from smarter, and more experienced folks on this site.I'm looking to downsize due to my parents moving back to CA.I've purchased a SFH Feb 2022 using VA loan for $405k, putting 20% down. I spe...