Vinson Lee
what's better to have assuming the same rate, a mortgage on primary residence or on rental
Just a random question that I am not sure about but was wondering. Assuming I had a rental property and a primary residence. Both have mortgages for the same amount and the same rate and same length remaining. Woul...
Nick Bandiera
Should it be assumed that property tax sky rockets when you buy a fix and flip/
I am looking at a property that had property tax annually in 2022 at $702 when the property was bought for $63,000. It is being fixed and flipped and going for $210,000 now. How do I determine what the property tax wi...
Jeffrey Hill
Trying to figure out how to buy a home from a friend with assumable VA loan
Hello,
Just wondering if anyone can help me figure out a lending strategy.
Here are the details:
A friend wants to sell us their house that currently has a VA loan mortgage.
They are a dual military couple ...
Matthew Hall
Is the DOS clause actually spelled out in the mortgage or just implied because it's not assumable?
The mortgage I'm looking at says nothing about a DOS clause but does say it does not have a "Demand Feature," which apparently allows the lender to call the loan due for any reason. It does however have a box checked...
Kyle Rucker
I am buying a house with an FHA Assumable Mortgage and I need a 2nd mortgage lendor
Hi All,
We have recently moved to the Springfield/Branson area and are just under contract on a home with an FHA assumable mortgage. It is 2.875% and so very attractive. That loan is for $309,000 and the house is...
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Real estate flipper, broker, contractor, and more!
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At ...
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