Brandon Sturgill
Tenant Died & Partner Wants Deposit- Lease Assumed by Son...
I know this isn't legal advice, but I wondered if anyone has been in this predicament....one of our tenants from 2011 recently died. The original lease was signed by her and her partner in 2011. This couple was basica...
Brandon Sturgill
Tenant Died & Partner Wants Deposit- Lease Assumed by Son...
One of our tenants recently died...she had an original lease from 2011 that expired and moved to month-to-month from 2012 until we bought the property in 2017...when we put a new lease in place. Her boyfriend was on t...
William Coet
Assuming a Mortgage as a Solution To Raising Interest Rates
Hello,For a mortgage with a regional bank, can it be assumed by the buyer so that they can keep the lower interest rate (4.1%) instead of having to make a new mortgage at 6.5%?Thank you
Ron K.
When might someone assume my Fannie Mae Small Balance Loan?
Hi all,I refinanced a multifamily in September of 2019 with a Fannie Mae Small Balance Loan. All along, it looked like the rate would be about 3.75%, but I was told I couldn't lock. Then right at closing, I was told,...
Mason V.
Can you pay an owner's mortgage while assuming the title?
I have an idea to acquire houses for a primarily fix/flip strategy and I want to know if it is Viable.I go in search of a homeowner who is at risk of foreclosure or just behind on their payments. I tell them that I wi...
Vince Leydet
Has anyone had any experience with assuming a VA mortgage??
I was wondering if anyone has ever bought a property through a VA assumable mortgage? I have the opportunity to purchase a decent 3 family with a lot of potential, but I have never used this method of purchase in the ...
Jerry Villa
Have a unique opportunity to assume grandparents house.. should I
My grandfather just passed away and my grandmother wont be able to stay in her home. They've had it for 50yrs and its something we dont want to lose. They have a mortgage on the place that equals the value of the home...
Christine Z.
Are FHA Loans Assumable- Selling a Property in Harrisburg, PA
Hey All! I value your expertise and opinions so I'm hoping you can help me figure out the best way to sell our place in Harrisburg, PA.It's a single family town home- 3 bed/2.5 bath. We have an FHA loan on it and sti...
Joe Melendez
I Want to Assume a Loan on my uncle's home!!!
Hi BP! I NEED YOUR HELP!!! This is my first time starting a discussion, but there is no better place to go for good, straightforward, and reliable info. I just became a pro for this deal, so here goes...My I've been l...
Courtney T.
Renewing lease to assume the rights of garage and driveway
Hi there I am reaching out to the group with what I *think* might be straightforward... but more input would be helpful here.I have long term tenants that I have loved having. They are in an old craftsman I bought sev...