The Equity Gap Explained: Your Real Down Payment on an Assumable Mortg
Tuesday, March 03
The equity gap is the number one question I get from buyers interested in assumable mortgages. So let me break it down clearly. The equity gap is the difference between the home's purchase price and the remaining balance on the assumable loan. It's not really a down payment. It's the seller's bui...
Why Assumable Mortgages Are the Best-Kept Secret in Real Estate Invest
Monday, March 02
I talk to investors every week who've never heard of assumable mortgages. Not once. They're hunting for deals, analyzing cap rates, studying markets, and completely missing the biggest financing opportunity of the decade. Here's why this is still under the radar and why that's good news for you. ...
USDA Assumable Loans: What You Need to Know
Friday, February 27
Everyone talks about VA and FHA assumable loans. But there's a third type that gets almost zero attention: USDA loans. And they're assumable too. USDA loans (officially called Rural Development loans) are government-backed mortgages for homes in eligible rural and suburban areas. If you think "ru...
House Hacking with Assumable Mortgages: A Step-by-Step Strategy
Wednesday, February 25
House hacking is how I got started. Bought my first property, converted the garage, rented it out, and lived for practically nothing. But high rates killed the math for most people. Assumable mortgages bring it back. What Is House Hacking? Simple concept: buy a property, live in part of it, and r...
How to Assume an FHA Loan: Complete Walkthrough
Tuesday, February 24
FHA loans are some of the most common assumable mortgages out there, and the process is more straightforward than most people think. Let me walk you through it. All FHA loans originated after December 15, 1989 are assumable. That covers basically every FHA loan you'll encounter today. And unlike ...
Cash Flow Analysis: Assumable Rate vs Current Market Rate on Rentals
Monday, February 23
Numbers do not lie. Let me show you what happens to rental cash flow when you change the interest rate from 7% to 2.75%. Same property, same rent, same expenses. Just the rate. Property Profile Let us use a real Colorado property type: 3-bed/2-bath single family in Colorado Springs, purchase pric...