All Forum Posts by: Nina Ricci

@Dmitriy Fomichenko Thanks, Dmitriy! I'll be checking those out :) I'm already addicted to the podcast, haha.

@Chris Mason Ohhh - interesting, Chris. So it's pretty much a risk for the borrower, it poses competition for the legit lenders for pre-approvals, but those who issue out low/no doc pre-approvals kind of get to thrive on people who want to just get it done quick and simple. And there will always be people who want to take that route. I can definitely see how that would be frustrating!

@William Daley Oh okay, so if you bid as an owner-occupant, you're essentially expected (?) to have a lower bid amount/"well below market value"? Just trying to clarify on that, because your strategy seems very similar to mine in a lot of ways!

@Kevin Romines Oh, Kevin, that's a great idea! I always find so much comfort in posing a question to a wide variety of people and then seeing what everyone has to offer. I guess that's why these BiggerPockets forums are a big hit with me as well, haha. I'll definitely try out this method. Thank you!

@Charlie MacPherson Ahh okay, this is helpful. I will definitely make sure of that! I looked into one lender while I was just browsing one time, and they only asked for a credit score; I thought it seemed a little fishy, haha. Thanks, Charlie!

@Caleb Heimsoth Thanks, Caleb! Okay, I see - that's good to know. Feel free to reach back out if you've had any particularly good experience with specific lenders, too!

Hi, everyone!

I'm Nina, and I'm 23 years old from Philadelphia, PA. I've pretty recently committed to pursuing real estate as a way to obtain early financial freedom after listening to the 90-Day podcast episode recommended to me by my best friend/partner, Alex.

I'm working on trying to just soak up any information I can to get started, and I'm hopefully going to attend some meetups around here when I see them pop up! If anyone wants to talk real estate, strategies, goals, music, or traveling, (or ya know, whatever else), definitely reach out!

Hope to "meet" some of you soon, hahah. Let's do this thing.

I'm looking to purchase a home in the Philadelphia/South Jersey area, and I'm wondering how everyone has come to decide on a lender that's right for them for a mortgage? I'm looking to get pre-approved ASAP, and have especially been looking into the 203b and 203k loans (depending on the house, of course) for lower down-payments.

In which way do you recommend embarking on my search process? Do you recommend any lenders from experience?

@Russ Draper That makes sense, Russ; thank you!

@Adrienne Wonzer Oh perfect; this was really helpful. Thanks so much, Adrienne!