Bill Dwyer
Help with deal structure please!
I have a motivated seller in north Las Vegas with a 4 bdrm 2 bath. Decent area for north Vegas . Estimated value of $120,000 as is. Wants 100 k cash but I think he would go lower. Very motivated. Has a mortgage of $55...
Genail Anderson
4-plex in San Diego with Foreclosure Pending
I have a lead on a 4-plex in San Diego that is scheduled to be foreclosed in about a month. The property is worth around $900k per comps but $1.1M is owed on the loan. The loan is assumable. All units are 2 bd/2ba....
Chloe Aribo
Loan Assumption + Rentals
Is acquiring properties via loan assumption a rare occurrence? Are home owners more inclined to choose a different type of deal (seller financing, subject to, etc.) over a loan assumption deal? What type of homeowners...
Matt Nettles
Seller Finance Question
Newb question I’m sure but I’ve never done a seller finance deal. I get the concept but I had a MF deal sent to me.. can’t agree on a price with the seller. I aaked if seller finance was an option and their only respo...
Peter Kozlowski
New investor business plan
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
Peter Kozlowski
New investor business plan
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
Thomas Handy
Mom wants me to take over her loan, how can this be done?
A little background on the story. I have been paying my mom's mortgage for the past decade or so. I pay the bank directly. She is retired and called me last night and wanted me to pay off her 15 year loan and take t...
Gina Francis
Seller Carry, What Documentation Is Needded to Protect Both Parties
Bigger Pockets Family! We we have a dear friend who is in a financial pickle and has offered to sell us his out of state 3 bed, 2 bath home for $290K (currently listed for $300K). Loan is assumable ($182K balance at 3...
Rebecca Creech
Where can I get help completing a loan assumption application?
I am trying to complete the required application to assume a VA mortgage loan from my parents. The loan assumption department for the mortgage company finally emailed me the paperwork to complete the assumption applic...
Eric W.
VA assumption for investment?
I was always under the impression that a VA loan could not be assumed for investment purposes and that it must be for a primary residence, which typically means occupancy of the residence for a year. However, while sp...