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 ...
Hello,My daughter is buying her first home and is looking at a couple of different 'first time home buyer options' that are available with her qualifications. Essentially what is comes down to is that going the 'conve...
We have 75% of homeowners are having mortgage less than 4% with equity below 70% LTV. Now lets assume all of them is having one primary only, no rental. Also lets assume the mortgage rate remain 5-8% until 2032. Lets ...
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*This link comes directly from our calculators, based on information input by the member who posted.I just listed this house in Fort Worth that I think would make a great rental property for the right inv...
Hello all. Thanks ahead of time for the time and input. So we bought our first home in 2009 with an FHA loan at 3.75%. I know the load is assumable. We moved and have rented it out for about 5 years. We want to sell a...
Hello BP Family! Like many of you I myself am a real estate agent! With the landscape of today's interest rates how would you go about marketing a property for sale that has an assumable loans? Are you aware of any re...
My wife and I started doing some marketing to find off-market deals under an assumed business name (we registered the business name using our personal names). We are now setting up an LLC to do business under...we wi...
I have been identifying properties that I can purchase with little money down by assuming the current loan. Multiple markets not just Denver. The benefit is a small down payment to secure the property and assuming th...
I just learned this today, VA loans can be assumed by non-military buyers! This is exciting news to me and I'm surprised I hadn't heard it before since my husband is a veteran and we've purchased several homes VA as w...
Hello,If I purchased a SFH with an investment loan (i.e. not primary home loan), and it's been over 2 years since I got the loan can I transfer the loan (presumably the buyer needs to go through all the same loan due ...