So I recently closed on a duplex. The person I bought it from already has a signed Tenant/Landlord Agreement. My question is do I have to honor the exact terms? Am I allowed to alter things, such as charging for use o...
Hello everyone,
I need help in what steps do I need to take to asume a mortgage.
Thanks for your help
I'm curious if anyone here has actually had any luck in pulling off this scenario.Small community bank is selling an apartment complex - in this case its 14 units.Instead of a traditional sale, they simply assign the ...
Hello Everyone,Can I have some advise? I don't know much about 1st lien mortgages, I did read about it online. The seller's agent told me that the bank will not be approving this assumption, there is no documentation...
I was studying material provided by Brian Gibbons last night on Money Section. I haven't finished reading yet, but noted the following questions while I was reading:1. Is it practical to do Subject To on HOA Liens? ...
I would like to have my sister and brother-in-law purchase a house as their primary residence then appropriate the property for myself in the future. I will be funding the 10% downpayment and any repairs needed since...
We came across a property that may fit our numbers for a rehab. However, I'm concerned about the location. The street is a nice enough neighborhood street, but the lot on one side as well as the rear neighboring lot a...
i want to learn more about this. what resources can you suggest?
Hey all,
I've been going through the forum trying to figure out a few options around my mother's current mortgage situation. Was hoping you guys could shed some wisdom and experience on this. To note, I will be dis...
Hello BP,
I am underwriting a deal using the Michael Blank's SDA tool and I am looking at how to go about underwriting a property where I would assume the mortgage. Does anyone have experience with underwriting a c...