We are looking to buy a primary home that's on a FHA loan that can be assumed(we have called the lender to make sure we can assume the loan). However, The seller has a high equity build up into the property of about 3...
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I currently own my own property as a VA loan. I want to assume a VA loan property across from me as an investment property and/or move in to it. If I assume it, will it count against my VA eligibity cap? Am I even ab...
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Just curious if in the states that banks are currently in, if you called to say you had a buyer who coudlnt get financing, if the bank would approve the buyer to take over the current mortgage? Has anyone ever called...
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Hi everyone,
I'm new to Real Estate investing and wanted to know: If I buy a property that has an assumable FHA loan, do I have to live in the property if I assume the loan?
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How do I find Single family homes for sale in California that have a low interest assumable loan ? Thanks in advance !
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I've rented two homes over the last few years, and I'm interested in slowly buying more single-family homes and keeping them long-term. I'm curious if experienced investors have a ballpark percentage they factor that ...
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Hey all,
A developer I was talking to told me about a way to acquire properties by having the seller put the property in an LLC and transferring ownership of the LLC (or selling the LLC) with all it's assets to a new...
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I'm seeking out distressed property on Long Island that could use some rehab. I have come across a handful of properties that are for sale, but were sold within the last 2 or 1 year for sometimes double or triple the ...
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Hi everyone,
TIA for your time in helping! We found this property through months of door knocking, post cards, anything to make connections in the neighborhood we wanted to live in. Finally, someone who wants to sell...
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Hot investment topic alert: Assumable mortgages and purchasing properties with one. An assumable mortgage is effectively a 'portable' loan. Instead of applying for a new mortgage the buyer takes over the sellers exist...