Sean Carroll
Can I assume a loan and Not make a down payment
If you assume a loan for an apartment complex. Do you have to put a down payment on that offer since the loan has already been bought? They already have the loan and it has a 15 Year Property Tax Abatement on it curre...
Derrick Jordan
12 Unit Apartment deal - Seller wants to sell with assumed Mtg
Hi All,I wanted to lay out a deal I am looking at and get others opinions on quality of the deal and of options to finance considering the assumed mortgage.Asking Price: $1,425,000Mtg to be assumed: $720,000; 4.68%; 5...
Mason V.
question about assuming a mortgage, equity and need to move in.
A friend of mine is interested in assuming a VA loan. The remaining loan amount is $104k and the SFH was originally purchased at around $125k. my question is, if the mortgage gets put into his name, does he pay the ow...
Jesse Fernandez
Tell me your long term hold strategy against assumed refi hikes
hi all, I raised this question before but likely didn't convey or paint the picture of my question as clearly as I would have liked, so I'm trying again in hopes of quality replies to my question. A common strategy fo...
Roger R.
Assume personally held real estate to satisfy a 10-31 requirement
Hi,
I'm about to get into contract with my small building in NYC and will be attempting to do a 10-31 exchange. In this, I'm going to have to replicate 1.5mm dollars in financing with the newly exchanged proper...
Alex Ni
How to find someone to assume my fha mortgage( House hacking)
Hey, Guys.I just bought my house for 175k in tampa florida with 3.5% down with FHA loan and I have 3 roommate who’s staying there to cover my mortgage. Now for some reason I can’t be in that house that ofter and it’s ...
Nicole Sugrue
Assuming mortgage on family home- so parents can "age in place"
My aging parents can no longer afford the monthly note on their 300k mortgage balance.
I live in NY and theyve built and owned a oceanfront home in the florida keys for over 25 years. Which our entire family has enjo...
Cheryl Curtis
assuming I would be the listing agent for my father's house
I have been a full time realtor since 2003. I am the youngest of 4 children. My dad recently passed away, leaving my oldest brother as the executor of the will. My dad still lived in the home that I grew up in and ...
Gannon Nikolich
Can I assume a VA loan after my grandfather passed away?
Hello everyone,My grandfather passed away about 3 years ago and my parents took over his triplex that has a VA loan on it. My parents names are also on the title from when he bought it, but the mortgage only has my gr...
Andrew O'Kane
Am I wrong to assume I can save over $120k / year?
Some background info. My girlfriend and I are both 26/27. I make ~$250k / year in sales while she makes ~$100k / year as a product manager. I only see these incomes rising over time. We live in a rather expensive city...