Junior Salters
Subject To vs. Loan Assumption?
I'm trying to help a friend walk through this and I have a good grasp of subject to but I'm assuming loan assumption is totally different. Any clarification on this one guys?
Michael Johnson
Subject-to vs. Loan Assumption
This isn't an attempt to be an ass. I'm honestly curious. I've been looking over contracts, how to get them filled out, and what all the different things mean. The standard contract form here in TX doesn't contain ...
Matt Dunaway
Loan assumption and junior mortgages
I’m selling my house and am going to let someone assume my VA mortgage at a really low rate. They need a junior mortgage to cover the difference between purchase price and the outstanding loan balance.
My lender isn...
Rob Beardsley
Rent and Expense Growth Assumptions
Hi everyone,I would like to survey the crowd as to what everyone is using for organic rent growth and expense growth assumptions. What are your baseline numbers and how do the idiosyncrasies of a given deal affect the...
Elle Oliver
Investor Special! 78415! ASSUMPTION DEAL
I am not the owner, I’m assigning a contract that I have equitable interest. Price: $67,600 | ARV: 120k3/2 1,000 sqft. Built 1986Payments: $1087Interest rate: 5.05%Loan maturity: 5/2047Unpaid balance: $130,676Taxes: $...
Justin Fagala
4) contract assumption & flip
Investment Info:
Single-family residence fix & flip investment in Colorado Springs.
Purchase price: $160,000
Cash invested: $5,000
Sale price: $190,000
contract assumption - quick flip
...
Carmela Gonzales
Underwriting assumptions for smaller multifamilies
Hello everyone. Looking to acquire a small apartment building, Class C, 10-40 units. I am actively analyzing deals on and off market to gain more experience. We plan to buy and hold for at least 10 years.Obviously I t...
Eric Watkins
Mortgage Assumption by an LLC
Does anyone know the process/feasibility of transferring an existing personal mortgage to a newly created LLC. The goal would be to maintain personal responsibility for the loan, however, the transfer would allow the ...
Suhailly M.
Loan Assumption in Puerto Rico
I am negotiating an offer in Puerto Rico, for a house that would not apply for fha/conv lending. I suggested a creative approach, assuming the current loan + the seller taking a note for the remaining amt.The agent cl...
Suhailly M.
Loan Assumption in Puerto Rico
I am negotiating an offer in Puerto Rico, for a house that would not apply for fha/conv lending. I suggested a creative approach, assuming the current loan + the seller taking a note for the remaining amt.The agent cl...