We are purchasing a house with the intention of living in the house for a year and turning the property into a rental. The current owner has a rockstar interest rate due to a physician's loan. The loan cannot be ass...

So I saw a 4-unit property during my quad-plex search.  I got all excited when I saw one has an assumable loan.  But I don't know what the right questions are to ask.  I sent an email to the given realtor on the prope...

Hello,

Would you assume a loan on an apartment complex that was actually bonds? From what I can tell the city sold bonds to pay for this apartment complex. They are assumable (Variable Rate)(BMA).

If you assume th...

There is a rental property in pretty bad shape (needs new kitchen etc) in good location. Owner has a mortgage with good rate that is assumable. Anyone BTDT? What things should I look for? Any hidden costs besides t...

I have been trying to obtain more properties to rent by assumable loans. I have found a large number of homes financed in the past 4 years that are assumable. However, the real estate agent I work with reuses to ...

I found a guy that has an assumable loan.  We called the bank together and he discovered the assumer would have to use the house as a primary residence.  Are there some similar alternatives so that I could take this h...

I have someone who is willing to let me assume their loan.

I currently have the place under option and want to find someone to take over the loan and assign my option for a fee.

What is the process of taking over an...

Hi guys.
New here.

I have been a real estate appraiser in Trenton NJ as well as the entire state for the past seven years. I am now starting to invest there.
Question:If I ass...

considering buying a home from a friend.  He's got s va loan for 80kish. I currently have a va loan for 220k. I know the max in the area is 450. Would I be able to assume his loan? 

As stated in biggerpockets Real Estate glossarry,

Assumable Loan - A loan in which the lender is willing to “transfer” from the previous owner of the home to the new owner, sometimes at the same interest rat...