My fiancé and I are in the process of being added to title of her parents townhouse in Virginia. Would it be better to wait(or do you have to wait a certain period) to refinance. And if we were going to refinance shou...
I have a person that wants to walk away from their property and allow me to keep the loan in place for five years until I have refi. What steps do I need to take? How to write the contract? Do I get my name added to t...
Hello,
I found a property an investor who has since moved out of town listed on Craigslist. After speaking with the owner, he was willing to sell it at a price quite a bit below comparables if cash (or cash plus wil...
I have several opportunities to acquire properties currently occupied by active duty armed services. They have VA loans and they tell me they are assumable.
Before I consider what to offer I am trying to find out the...
There is a seller who is selling with an assumable mortgage. The purchase price is 220,000. The seller has 150,000 left in his morgage. If I live on the property, can I get a FHA loan for the $70,000 which would be a ...
In the past 5 years, I have flipped 4 houses and purchased/rehabbed a 5 unit building in Chicago. I recently refinanced my multifamily with over $100k in equity. I am under contract for an FHA loan for a primary resid...
I'm looking at apartments and would like to assume the existing B of A mortgage. Anyone have success with a commercial mortgage assumption lately? Advice?
I have found a potential deal I think.
the home is in foreclosure and the auction will be in November. There are 2 mortgages on the property. the first is a farmers home mortgage that is assumable. The second is a...
Wondering if anyone here has experience with either having someone assume their VA loan or assuming the VA loan yourself. Looking to use the VA loan and interest rate on the remaining balance of the loan on my house a...
Here’s the overview - looking to make a unique offer on a property that has a laundry list of liens. Some lenders, some IRS, some individuals and attorneys. The long term property owner recently passed in December and...