All Forum Posts by: Naj Brock

@Bob Prisco

If possible, I’d love to have a conversation with you. I purchased in a D-class neighborhood, have a tenant who has a section 8 voucher, cmha just submitted an offer, it came well below hud, I’m trying to understand their pay standard and can use some guidance. Any help is greatly appreciated.

All the best.

@Nicholas L. Literally one asked today, no one else has asked, since the numbers were so low, i didn’t think it was needed. However, i would have never thought you needed to get pre-approved for such a low amount.

Hello everyone, I’m inquiring on if i need pre-approval letter to get a mortgage for rental property less than 100k? I intend on using a small community bank or a credit union. I have the down payment and my credit is great, just not sure how this whole mortgage thing works. Any advice/ guidance would be greatly appreciated