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Updated almost 6 years ago,
Pre-approval for BRRR
Hi all,
I am Nathalie from North Carolina, I'm a newbie in Real Estate investing in Raleigh, Research Triangle Park area.
I'm interested in BRRRR strategy to accumulate rental property.
I know one of the first steps is to get pre-approval, and I know that If I were to purchase the traditional way, I'll call up banks and get conventional loan pre-approval. (right?)
However, If I were to do it the BRRRR way, what kind of pre-approval should I get?
-Should I acquire a conventional loan pre-approval as well?
-or Should I get separate pre-approvals from Private lender as well as refinance agent?
Hope to get some answers from you awesome people! :)
I'm trying to learn as much as I can !!