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All Forum Posts by: Kerry Christensen

Kerry Christensen has started 2 posts and replied 3 times.

Post: Trouble getting qualified for loans

Kerry ChristensenPosted
  • Investor
  • New Braunfels, TX
  • Posts 3
  • Votes 1

Hi,

We are going to try and buy a number of single family residences in the coming months.  The only issue is I'm trying to get prequalified to purchase our first one $110,000 and it's having to go to the underwriters to approve because we don't make enough money.  I thought with the monetary assets we have that it would have been approved out right.  I suspect the underwriters will approve it but it makes me doubt that we'll be able to get another loan when we want to buy our next property.  We have the funds to buy the properties outright but want to use other peoples money.  Any advice?

John, 

Not sure how to PM and I couldn't find your email address.

I'm looking to build a team of professionals before my business gets too big.  I would love recommendations for the following in the New Braunfels / San Antonio Texas area:

Real Estate Lawyer or Commercial Real Estate Lawyer

Real Estate Tax Accountant

Property Managers

Thanks