Has anyone on here successfully closed a mortgage assumption deal? I'm working with US Bank and its been over 4mo. With little progress made! Any tips or suggestions to move this along?

I'm using the BP Buy 'n Hold calculator and I'm not sure how to calculate/get/guess how much for the following:

(I'm waiting call back from lender to help with closing costs but figured I'd post here in the m...

Is it possible to broker a loan assumption to another party for a profit?

Hi All,

I am a new prospective investor and I am putting together some information for a partner so that we can start the search for our first property! One of the to-do's that I am personally tasked with is to dev...

I have a deal that I wanting to do a sub2/loan assumption on. Is there anything wrong with simply going to an attorney, drawing up the contract and leaving the mortgage company out of it?

Is there anyone who has experience with the rules regarding Loan Assumptions? I was told by Bank of America that all loan assumptions have to be occupied by an owner occupant within 12 months.  Would this mean that if...

Hi all,
A friend of mine is thinking of buying her sister's home from her to take some financial strain off her sister and to ultimately turn the property into a rental. Her initial thought was to buy the property fro...

Has anyone done an FHA assumption?  What are the costs and underwriting.  I have an opportunity for a sfh, that is 2 years into an FHA.  The rate is better than market, but will they approve the transfer with our a fu...

I am looking at a multi family property, that is for sale, by assumption only, with a 1% fee plus taxes , should I be interested in something like this?

Thank You, Daryl