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Results (9,068+)
Jasmine Cotes Looking for creative savvy REI friendly mortgage broker
4 February 2016 | 26 replies
While brokers cannot bend underwriting requirements, your broker should be able to help you understand what you need to do to meet qualifications and find a lender/loan that better matches your situation.  
Account Closed Developing Credibility as a young African American Investor
25 January 2016 | 21 replies
When I made the original offer I included a pre-qualification letter from my lender.
Dan Green What are the first steps to buying a multi family home?
21 January 2016 | 10 replies
How do I find out the qualifications for an FHA Loan?
Shanel Wiggins Opinions & Advice w/ Rent 2 Own Property
27 January 2016 | 26 replies
If you look good to the mortgage broker have them write a letter on your behalf saying that if you apply for mortgage in 12 months chances are very good that you would get a mortgage as long as you keep your job and protect your creditNo that is not a mortgage qualification letter, but it should satisfy the ownerNext, I would get references from my previous landlords that you were an ideal tenant.
Chris Lynch What are financing requirements on a Commercial apartment 8-24unt
8 February 2016 | 29 replies
Typical commercial lending is LTV 70-75%always an ARM, like 20 due in 10 (or even 5)property self-sufficient (aka DSCR 1.1 - 1.3 depending upon the lender)with an NOI that supports reserves 10%, vacancies of 12%1/2 year prepaid taxes AND insurance (last parts of PITI)Your personal credit should not be part of the qualification process.
Mike Wilson QuickBooks Online for rental property managers
28 April 2016 | 5 replies
I would consider hiring someone if I found someone that has set this up for rental property managers and come with some level of appropriate accounting qualifications....Thanks
Dan Fisher Self Directed IRA Lesson Learned
5 February 2016 | 20 replies
If you will be in a perpetual negative income situation, then you likely have issues beyond just qualification for the Solo 401k when it comes to tax filings for the "business".
Account Closed Real Estate Investing Gone Bad by Phil Pustejovsky
6 August 2016 | 8 replies
Get a pre-qualification letter for a regular bank loan and for a hard money loan.
Devlin Harding How Can I Buy a Second Property with Little Money
9 February 2016 | 8 replies
I unfortunately cannot use my rental income towards my qualification because it hasn't been two years.
James Kampmeyer Getting that first loan
17 February 2016 | 14 replies
You should definitely talk to your lender first and get a "pre-approval or a pre-qualification".