My question is how to step by step assume a loan. Example my mother wants to move but has not been able to sell her house and has offered me the house. my credit is poor. I can rent the house out for more than her cur...

has anyone attempted to pick up rental properties by just assuming a motivated sellers loan. I have a lady who is falling behind on her mortgage and just wants to walk away from the property. I know I could easily pic...

Any advice on taking over a seller's payments/mortgage?

I'm wondering if those of you who have formally assumed a loan in the last 10 years could share your experiences. Was there an application, what was the qualifying process. If you were denied, what were the reaso...

How does assuming a loan help the seller?

Could the seller still be held liable

Help. I am considering assuming a mortgage on a home as a possible future rental property. Are there any good prior posts here or websites that have information on this type of transaction? I am particularly intereste...

I am looking at a property that has an assumable loan associated with it. What are the good, the bad and ugly of this type of financing. It just sounds too good to be true.

I've done several flips to build capital. I like to stay away from hard money. I have enough saved up but not enough to do what I want in the market I am in. I know you can say I can grind away etc and get the capital...

Hi everyone! This is my first post and would love some feedback on a property I am going for. I have been going back with the agent and he has given me this information regarding the existing loan terms:Recourse
7-y...

Hello Everyone, I was looking at a property that is being sold as 3 homes on 1 lot... 3 SFR on 1 lot as a multi family... any pros or cons of looking at this? Second question it says existing loan assumable... what do...