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Results (10000)
Thomas O'Donnell ASSUMABLE MORTGAGE ADVICE NEEDED! PLEASE & THANK YOU
16 February 2023 | 6 replies

Hey guys, so let me explain my current situation and then ask for advice. I currently live in one side of a duplex and the payment is $2500/mo. I am currently trying to rent out the other side but have been struggling...

Brock Thomas Assuming an existing FHA mortgage- as an investor
1 May 2018 | 1 reply

Purchasing a home for $92,000 with an existing FHA 15 yr fixed at 3.5%, 11.5 yrs left on the note. The balance is about $77,500. The loan is with Bank of America. I called them today about assuming the loan. They ...

Brandon Wagner 2023 Real Estate Investment Strategy: Assume VA Loans
6 January 2024 | 15 replies

Recently I have been seeing a lot of negative posts about how there isn't a way to invest in real estate in the current 2023 environment. (High prices and even higher interest rates) I am here to present an option to ...

Susan McBride Investor Offer to Assume Mortgage - Legit or not?
1 February 2024 | 14 replies

Hello.  I just received an offer from Mono RE LLC / CDK Investment to purchase my home, which is currently on the MLS, at the full listing price.   It seems too good to be true and I am currently trying to research th...

Austin Nguyen Assuming 1st mortgage after foreclosure by junior lien
12 January 2022 | 3 replies

Hello all,Just acquired a property via foreclosure by the junior/2nd mortgage. The 1st/senior mortgage is in covid forbearance but not in default.  It has a 2.5% interest rate (better than what I could get as NOO) and...

Curt Treece Assumable Wells Fargo loan for primary residence purchase
10 March 2023 | 1 reply

I am under contract to purchase a property (primary residence) in Texas.  The seller has a conventional Wells Fargo loan that is assumable (yes, I confirmed that it is in fact an assumable conventional loan).  The bal...

Skylar Como Assumable mortgage? How does that even work? 203k?
14 October 2022 | 5 replies

Hi!So Ive been banging my head against the wall for months trying to figure out how to obtain my first investment property.Looking for owner occupied.If FHA, I understand mortgage may be assumable. Just an example, If...

Jessica Mayo FHA Assumable Loan - Remove CoBorrower - Owner Occupancy Rules
2 July 2020 | 1 reply

I'm trying to remove a co-borrower from my FHA loan. It's been owner occupied for over the year requirement. The mortgage company (Amerihome Mortgage) said I could do an FHA Assumption. My question is whether it has t...

Beth Probst Is it possible to assume an FHA Loan?
28 January 2019 | 4 replies

Is it possible to assume an FHA loan?  Thanks!

Michael C. Assuming negative cash flow -Does it make sense?
14 September 2023 | 5 replies

I have an opportunity to assume a loan on a SFH for very low cost, maybe a few thousand in fees to transfer.  The issue is that the property will not cash flow as a rental. If I can get the house for essentially free ...