Investment Info:

Large multi-family (5+ units) other investment in Lake Mary.

Syndication: Co-GP on a 262-unit class C apartment property in Houston Texas. Assumed fixed rate debt at 3.31%.

What m...

What are some pros and cons of assuming a commercial loan from a seller? Is this a better option than seeking my own finance? Would banks still do an updated appraisal?

Regards,
Mike Stock

I am analyzing a duplex that has a Section 8 tenant. What is the process to transfer the section 8 tenant from the property owner to me? This is the first time I am dealing with this. 

I met a lady selling her house, long story short. she wants to move out of state in a few months and I told her I would buy her house. I told her I would be okay with just taking over her mortgage. and she was just fi...

Hi there,I have an opportunity to assume my neighbors loan.  It is a single family home. Nothing fancy. I am looking to do this transaction as soon as possible.  What steps do I take to make this happen?  His taxes an...

I’m looking to owner occupy an office space. The owner still has a mortgage on the space. The office is medical. I’m trying to find a way to limit my out of pocket funds and minimize how much initial capital I need to...

Does anyone have experience in assuming someone else's mortgage for a fee? I'm looking at buying a SFH that had a refinance back in 2020, so I am assuming the interest rates on the mortgage are lower than they would b...

Hi All -I'm looking to purchase a small 5 unit apartment building in Connecticut which will require a significant amount of capex needed in order to hit proforma returns. Currently, the property is 100% occupied by mo...

Hi all!We have made it through the first 4 months of a nice 4-plex and are ready to make an offer on another unit in town.  We have a lead on a nice property that is a VA loan - complete with assumption possibility.  ...

If you're planning to buy or sell a house, here's a useful Realtor tip.
If you're a seller and your home has a low-interest FHA financing, you may be able to sell your home for a higher price. This is because FHA lo...