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Updated over 5 years ago,
Where to get the lender approval letter,the property outer state.
I live in New York, I currently put all of my Credit Reports on freeze to prevent hard inquiries.
But I’m going to buy my very first real estate properties and immediately make them rental properties where my sister and brother live, in Gibsonton FL and Cheraw SC respectively. Should I get the loan approval letter in NY or when I visit my siblings for the whole Thanksgiving week, at a local mortgage lender near them?
So, I’m not buying real estate property in NY, but it is where I work 4 jobs.
I’m attempting to establish myself before I move to where my siblings live.
And even before that, I want to establish rental properties there first, so that I would have little to no worry about paying my mortgage when I eventually move there.
Any thoughts about my initial inquiry and my plan?