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How can you find out if an existing mortgage is assumable?
Do I need the seller to provide me with the mortgage documents and have a lawyer review?
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I'm looking at options for my current residence (3 BR, 2 BA house) in Portland, OR. I'm not sure if it makes sense to sell and invest elsewhere, or rent it out as a long term rental. (Portland doesn't allow whole 3 BR...
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Hello all, This is my first venture into REI and I'm seeking wisdom about potential pitfalls/things to know or avoid in this scenario. I'll try to keep it brief! 1) We are looking to build a house next year2) Our plan...
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I'm looking at making an offer on a property subject to. However, during my first discussion with the agent he mentioned I would have to pay the commissions. Is this common?
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Looking to assumes someone else mortgage. What paper work will I need? Should I just go to a real estate attorney?
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What is the best option right now for funding down payment of a 1st rental property? I'm building up a cash position but fall well short of the 20%-25% down required by most traditional lenders.
A fellow investor fri...
Hey BiggerPockets, I thought I'd pick your brain(s) about buying sub-2 properties. I have a lady who wants to sell me a property and is willing to let me take over the existing mortgage. As an investor with little cap...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $75,000
Beautiful single family home I bought via subject to the existing mortgage.
What made you interested i...
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Hello all,
I’ve got my first subject to deal but I’m not sure how exactly to write up the contract. Does anyone have an example they’d be willing to share. TIA
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Hello, I have a 48 unit AAA 1976 built apartment pending. It's in a major city near their university. Fully occupied with a waiting list. The cap rate is 9.25%. I might assume the existing mortgage, but if I could fin...