Updated 6 months ago on . Most recent reply
Assumable Loans - How to Get More Money When Selling
Jake AndronicoPoster
#5 House Hacking Contributor
Agent
#5 House Hacking Contributor
- Realtor
- Reno, NV
I've worked w/ multiple investors recently who will pay MORE for a property, because of assumable debt.
The easiest is with existing low interest FHA and VA loans, and I have an amazing lender that specializes in them and will also fund the "gap" between the loan balance and the sales price.
Sellers that have an existing FHA or VA loan should absolutely know this.
Have you seen this as well in your market? Curious to hear.
- Jake Andronico
- 415-233-1796