Getting preapproved for a rental after purchasing primary

[Nader Hachem]

Hey all, 

I closed on my primary back in June and I’m looking to move into buying my first rental. My credit score is great right now, just opened a credit card earlier this week and I know there’s a 14 period where I could pull credit multiple times without harming my credit.

Being in this position, I want to get preapproved for the rental but not sure if I should wait out a bit 

Anything I should be aware of before?

[Steven Foster Wilson]

Quote from @Nader Hachem:

Quote from @Steven Foster Wilson:

Quote from @Nader Hachem:

Hey all, 

I closed on my primary back in June and I’m looking to move into buying my first rental. My credit score is great right now, just opened a credit card earlier this week and I know there’s a 14 period where I could pull credit multiple times without harming my credit.

Being in this position, I want to get preapproved for the rental but not sure if I should wait out a bit 

Anything I should be aware of before?

 While you are waiting I would just call lenders and compare rates/terms. That way it will give you more options. 

 Are they able to provide closing costs/interest rates without pulling credit? I feel like I usually get the answer that they need my total information and credit report

 They can often give a general idea. I do not let them pull my credit unless I know I want to go with them. I am normally more interested in rates and terms. Closing costs can sometimes be negotiated with the seller.