Shaydon Childers
Loan Assumption (Family Farmhouse)
Hello, I am trying to find a creative way to take over my father in laws house (67). He owes 200K (assumable) on a deteriorating farm house in a great area, on 5 acres. House is worth 650K in its current condition and...
Christopher Mooney
BP BRRRR Calculator Assumptions
Hi all,I just got the monthly BP Pro membership so I can analyze properties. I'm just getting started, so don't have too much real data for inputs. Just using any resources I can. But would love people's thoughts on t...
Connor Williams
Assumption and look back?
Posted in the wrong area originally. My wife is interested in assuming her mom‘s mortgage. We have checked into this and it is something that she can do. However, the question we have is, if she assumes the mortgage a...
Herman Mukasa
HUD Commercial Loan Assumption
Has anyone in this forum ever acquired an apartment with a HUD loan through a loan assumption? If you have, can you give me some information on what to expect, especially working with HUD and their rules?
Cameron Tope
Assumption after loan modification?
Fellow investors,Has anyone assumed a loan after a modification has been completed? The loan mod was early this year due to the sellers falling behind on their payments. After the loan mod HUD tacked a 33k lien onto t...
Cody Ronk
Multifamily Commercial Loan Assumption
Hello All,I am currently planning a move to Chattanooga, TN, from South Korea. I am doing some "window shopping" on apartment complexes there. Below is a link to a listing for a 42 unit apartment complex with an optio...
Thomas Loyola
Are my assumptions reasonable?
Hi BP,We are out of state investors looking to buy our first property in Indianapolis or Columbus. Been having trouble finding properties that cash flow, so I’m wondering if our assumptions are part of the issue.I use...
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...
Mark Robertson
Toledo Ohio MF Investment Assumptions
I've been presented with a 500 unit multifamily investment opportunity in the Ottawa area of Toledo OH and wanted feedback from anyone that's invested in the area. Has anyone invested in the Toledo market and if so w...
Brad Denkhaus
Sub 2 / Assumption Marketing Profile
BP Community,I am a new investor and would love to hear some feedback on what you consider to be an ideal profile for a sub 2 and/or assumption deal, where the intent is to hold and rent the property. Clearly the exi...