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Here is the scenario the owner wants 200k for a home. You cant use a 200k conventional loan. He owes 100k on the property......Can you assume his 100k loan and then also do a seller finance for the other 100k?If so wo...
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Is there a checklist or what due diligence do I have to do when buying with an assumable loan? With the home but also the loan? Who helps mediate or represent me?
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would it be possible to assume a loan after taking over the payments through a subto deal? essentially, if we were to take over the property with a real estate contract and have the deed recorded in our name, would we...
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Thank you in advance for any advice!
I have a family member that would like to give me their home, with their equity, and would like for me to take over their mortgage. I have never done something like this before a...
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Hi, does anyone has recommendations about finding an assumable loan, seller financing, and subject to sellers? How to talk to the listing agents? And how to structure a win win deal in Orlando, FL, and Anaheim, CA? Th...
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My brother is interested in selling his house to me, however, I’d like to keep the existing 2.9% interest rate on his mortgage. I’m wondering how I can do this without having his loan be called due. I heard this may b...
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Wondering if anyone has done or knows if assuming a VA loan as a non-vet is feasible?
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I had someone approach me about Subject To. I know be very little about this, so figured it’d be easier to ask BP instead of burning an hour of research to find the answer Are you able to sell a property a few years i...
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I am a newbie and I have a father-n-law that would like to sell his triplex to me. He is not interested in the price as much as he is wanting to retire from Landlording. It is mortgaged and the balance is close to mar...
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Hi, I was in the process of buying a home in jersey city, NJ , I talked to many lenders and then finalized the lender who offered me best rate, lender told me that it's 1 float down mean if rates go higher I won't be ...