All Forum Posts by: Hud Malik

@Rashad K. Congratulations on your success! 

@Maricell Hall Hey! Yeah, I got the numbers from off the website. Newly updated and rent price as well. Maybe I missed something. I will double check and analyze my numbers again. Thank you for taking the time out to look at my analysis. 

@Tim Herman Thank you for the advice.

View report

*This link comes directly from our calculators, based on information input by the member who posted.

This looks like a good investment. Tell me what you think...

I see. Thank you for that information. 
@Brad Bellstedt

@Brad Bellstedt I must have wrote the question wrong. I’m not giving anyone advice. The advice is for me. Let me rephrase. As a real estate agent who doesn’t collect weekly checks and some lenders ask for paystubs. Once I save up enough money to purchase My first rental property since I will not be able to provide consecutive stubs. What are my requirements for a pre approval letter? 

As a new agent starting at a brokerage, how does someone get qualified for a pre-approval letter without having consecutive pay stubs if you’re trying to purchase a multi family property? Can someone break down the requirements for me please?

@Cameron Tope

@Whitney Hutten

Thank you for the advice. Yes, I figured it all depends on the lender and the circumstances. 

@Cameron Tope and how much are the fees usually? or it all depends on the lender?

Are there any other fees that the lender will charge you to obtain the 2nd loan using the BRRRR stratgey?