Shaan Ali
How to assume Loan when your DTI is high
I see so many assumable loan which seems like deal, but I am unable to take it as my DTI is high due to primary property etc. So wanted to know is there any way or tips if you have, to assume Loan (may be VA loan) whe...
Leah Pasco
FHA Assumable + 2nd mortgage or other options to sell
Hi BP community!We have a property that has a great FHA loan interest rate, loan of 270k left. This is currently a buy and hold. We were thinking of selling because we've almost maxed out upgrades to the house (new HV...
Jake Andronico
Has anyone successfully assumed an FHA or VA loan?
With interest rates continuing to make headlines, assuming an FHA or a VA loan at potentially sub 3% is increasingly attractive. I've set up search parameters in MLS to be able to see these pop up in Northern Nevada a...
Orhi Tahi
What are the best ways to assume someones loan ?
Hey all,What are the best ways to assume someones loan ?For example, if someone is at foreclosure can I assume that loan if its FHA or VA ?What other creative options do you have in mind to find assumable loan ?Orhi
Maria Teo
When does a prospctive client become an assumed client?
Question for Real Estate Agents: At what point/after how much interaction with a prospective client, do you assume you have an unspoken agreement to work together? I'm talking about the open-ended interactions, not s...
Lynn Gadd
assumable loan rate but need heloc and rates suck
I am looking to purchase a house in austin and found an assumable VÁ loan that would give me about a 3.25- which is great- but i would have to finance the remaining 400k price difference - and with only 100k cash to t...
Frank Martielli
FHA Mortgages - They Are Assumable. How to take advantage?
FHA Loans are assumable, as are most (all?) govt backed loans, I believe.I've been thinking about this myself. All the 3-4% mortgages out there are assumable. But how to take advantage of that?Looking for anyone else'...
Rashad K.
Can an investor assume and FHA loan without applying?
Hey Bigger Pockets,Can a investor assume an FHA loan without having to apply or deal with the bank ? I have a motivated seller of an off marker triplex who owes 145K. Needs roughly 125k, rents are $1250-1300 after reh...
Darrius Singleton
Who do people assume wholesalers are bad or dishonest?
I genuinely want to know why people assume wholesalers are bad or dishonest? I am thinking about becoming as a means to get into the real estate arena. I have gone to networking event and hear people talk negatively a...
Casey Murray
Tax Consequences for Buyer Subject To/Assuming Existing Mortgage
Hi BP,I'm looking to purchase either via seller financing or assuming the note (assuming the bank accepts). I'd prefer assuming the note. The current note is with a hard money lender. If I purchase via seller financin...