Ask Me Anything - I'm an underwriter and an investor

[Jimmy Moncrief]

Hey Guys

I'm new here and would love to answer any questions you have regarding getting financing for investment properties.

I'm an underwriter at a bank that specializes in real estate investment properties.

I'm also an real estate investor myself.

NOTE FROM MODERATOR: "ANYTHING" DOES NOT INCLUDE "WHERE CAN I GET A LOAN", "WHAT ARE YOUR TERMS FOR ..." OR "WHAT LENDER DOES..." OR ANY SIMILAR QUESTIONS. SUCH POSTS MUST GO INTO THE MARKETPLACE.

[John Moore]

When flipping houses how do you avoid the objections that pop up regarding the low acquisition price and a much higher selling price? And the appraisal comes in at the asking price. How can you flip the house as soon as possible at market value and have lenders approve the mortgage? Is there a percentage of mark up that they feel is acceptable?