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Hello, everyone: I was told about a loan assumption strategy but was wondering if anyone has ever done this before, and if so, how did you transfer the property from you individually to an LLC?
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Hey BiggerPockets community!
I'm seeing a real opportunity for VA buyers in my market that I wanted to share with you all. Over the last few months I've noticed more and more assumable loans pop up, mainly VA and a c...
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I have a home I am wanting to sell that has a great interest rate with a conventional loan.
I would like to make this loan assumable so that the interest rate will help it sell fast.
Also curious if I can increase...
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Hello Bigger pocket!Is it possible to to transfer mortgage to someone else? I bought a house using FHA. Since I want to move to another state, I have a friend who want that property. if I agree to transfer my mortgage...
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I’m in the process of possibly purchasing my brothers duplex. The goal is to apply for a mortgage at the same bank he applied for his mortgage and take over his mortgage. First, I don’t even know if that’s possible.Al...
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Good Morning,My name is Adam Eckhoff, commercial appraiser in New Jersey. Quick question for you all... Let's say I search for a $200,000, 2-unit duplex, on Realtor.com located in let's say Columbus, Ohio. Hypothetica...
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Hello everyone,I am going to apply to assume an existing loan on a 25 unit property that I have under contract. The company that the loan was originated with said that their basic qualifications are that I have a net...
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Any agents or investors in here familiar with the Austin Tx market?
Trying to househack a multifamily, stuck between Houston or Austin.
I’d prefer to assume another Veterans Loan, to avoid 7% interest rates. I’m a ...
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How much is the ability to assume a loan at 2.25% worth?
Let's say I have a property that I want to sell and I have a VA loan on it. Let's also say that the property is occupied by a tenant who will be vacating in 3...
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I am looking assuming a loan on a property that is listed at $285k. The owner will allow me to assume the existing loan of $150k. Besides owner financing the remaining amount, how can I get a second mortgage to cover ...