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Results (10000)
Alex Hymanson Question on Assumable Loans / Creative Financing
13 October 2023 | 1 reply

Hi all - Wondering about a creative financing situation..hope someone can help!I've come across a potential deal with an assumable FHA loan at ~3% interest rate on a $600k property.  There's about $350k left on the lo...

Jane S. Would you assume this 2.3 % loan?
11 November 2023 | 3 replies

This is for a $500,000 VA loan with an interest rate of 2.3% and MLS list price $600,000.It's an up down 2/1 duplex, each unit 850 sq ft, in a desirable location. However, the condition of the upper unit is disgusting...

Scott Barnes Has anyone assumed a HUD loan?
13 November 2023 | 1 reply

Good day to all! Curious if anyone has assumed a HUD loan in the process of acquiring MF recently? How is that process? How long did it take? Would you do it again? 

Albert A. Creative strategies with an assumable loan
6 November 2023 | 3 replies

Hello,There's a SFH in California (Central valley) that's listed for around $365k. It was appraised around there as well. It's been listed for 100+ days. The owner is moving out and is currently in escrow to buy anoth...

Mitul Gandhi Need help with assumable loan deal
29 May 2024 | 7 replies

Hey everyone,
I could use some advice on how to navigate a real estate deal I'm working on. Here are the details:
Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differe...

Jeff Strom How to Assume a Seller's Mortgage?
11 March 2016 | 1 reply

Hi Everyone,I was referred to a potential private sale of a multi-family through a friend.  My business partner and I aren't 100% sure we will qualify for the conventional financing we have used on our previous deals ...

Nicholas Blake How can you assume commercial mortgage??
1 March 2017 | 2 replies

Hello there everyone!I have an opportunity to assume a mortgage, when i buy the company that im looking at! The current owner has just turned 73, has battled cancer and doesnt want the bank to take it back!! And he wa...

Giordano Rodriguez 8 Unit assumable loan. Need Help
8 February 2017 | 9 replies

Hello Friends,I have an opportunity to purchase an 8 unit property in the Hudson Valley- Kingston NY. The loan is an assumble commercial loan for $270k the seller is looking for his equity portion of $80k. The total i...

Adam Jones Assuming loan and owner financing questions
14 January 2020 | 4 replies

Need help with the structure of a deal.I’m trying to buy a duplex across the street from a duplex I already own.I spoke to the owner and she owes 175k on her loan and I’m purchasing the property for 800k. I ask if she...

Theresa K. Acquire property by assuming adjustable loan
18 February 2013 | 5 replies

Has anyone acquired property by assuming an adjustable rate loan? What are the potential pitfalls? Will the lender let you assume the loan if it's in default status assuming you pay the defaulted amount? Do you hav...