Patricia Joseph
Does seller-financing, plus assumable loan = "Do Not Pass Go"
Hey BP,My husband and I are looking into using creative financing strategies, such as seller-financing for investing in small, multifamily properties. While this strategy seems enticing, it also is a little intimidati...
Tony Gatto
Need tips to buy a house and assume the mortage
Hey guys ... I am making an offer on a house that i will fix and flip.
However i am not 100% sure on how to go about the deal i want to structure and am looking for some advise.
Here is what i think i k...
Yuhanna El
Assuming a VA loan, any ideas or insight is welcome
I am seeking to purchase a SFR as my primary in San Diego. I found a seller of an unlisted property that is getting divorced and wants out of the property asap. I know that assuming the mortgage is a possibility (VA l...
Francine Geike
Divorced low income assume loan of home selling investment property
Hi, new here..recently divorced. Awarded the investment property(cabin) with no mortgage and home with $155000 mortgage. Would like to 1031 the cabin and assume loan on house but my monthly income is child support $11...
Brooke Carlton
2.25% Interest Rate - Assumable Mortgage, down payment gap over $200k
I have a property listed for sale in Goodyear, AZ and it carries a 2.25% interest rate. The payment is about $1320 per month. The home was built in 2006, great neighborhood, close to the highways, close to everything ...
Taylor Wong
Analyzing deals in Colorado Springs - Assuming VA as a civilian
Hello everyone!I'm interested in buying a SFH home in CO springs as a long term rental. I've run the numbers on a bunch of properties using the following numbers:- vacancy 6%- Property tax 0.44% of list price per year...
Nikki Cummings
Should I doOwner Financing until I'm able 2 assume sellers loan?
I currently have a verbal agreement from the seller to purchase his home for 90K. He holds a VA loan with 4% that I'd like to assume-- although NationStar/USAA says the process could take 3-6-9 months. Of course the s...
Stuart Nebeker
Lease option vs assuming a loan w/ adding some seller financing
Hello, I’ve been asking everyone what best for moving forward on this deal. Here’s the numbers and plan
3/2
1800 sqft with unfinished basement
Built 1980
Very desirable area in Vermont
15 acres (subdividable)
Co...
Bill E.
"Mortgage Must be Assumed" & "52% of sale price downpayment" Why?
I've recently reviewed an apartment complex that looks interesting however the current mortgage must be assumed. Also, the deal is requiring a downpayment of $1,175,000 (52% of the sale price - asking price is $2,250...
Clinton Essary
Tips when trying to assume a VA loan from a seller
I’m looking into potentially assuming a VA loan on a house. Was just interested to see if anyone has had any experience with assuming a VA loan and if there were any suggestions on what to look for or what to avoid wh...