Does anyone works using assumable loan to finance their deal? What’s the pro and cons? What tips can you provide regarding that?

If I assume an FHA loan, do I still have the requirement to occupy the property as my primary residence for a year?

I have the unique opportunity to assume a loan at 30 yrs at 2.49%. The issue being the cash flow isn't great (nonexistent). Rent would cover the mortgage, taxes, insurance and HOA at roughly 3k/month. It's a condo in ...

So I've been searching and haven't found much around the topic of assuming another person's mortgage.  I have a friend who is moving and originally purchased his property with a Standard FHA loan.  I'm attempting to a...

I have a rental property (located in southern Illinois, St. Louis Metro East) which was originally my primary residence with an FHA mortgage at 3.25% fixed 30 year. I'm planning on selling it in two years and if mortg...

Hello everyone. Maybe someone expert can shed some light on my issues. I am thinking of assuming a mortgage from someone who wants out of the 2unit rental. First, can a VA mortgage be assumed? What are the advantages ...

If you assume a mortgage from a family member, do you have to occupy or can you rent the property? Is this lender specific? Wanting to assume a property and let MIL continue to  live there while we own it. Her, paying...

I see some people here asking how to find good deals in today's market. With interest rates being higher then we've seen in the past decade, there's more opportunity in the creative financing field. Homes selling with...

I have a question around a house I am trying to buy on an assumable mortgage. The homeowner owes 360k on the house at a 2.7% interest rate. They have it listed on the mls for 400k. They also are behind 9k in arrears r...

Hello all , I’ve been investing for about 3 years now and I still consider myself a rookie . I came across this deal that’s an assumable loan . I reached out to the seller’s agent and he agreed to represent both of us...