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3 October 2024 | 7 replies
They simply click the button to submit a general inquiry without knowing anything about the house, the location, or the qualifying criteria.
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3 October 2024 | 9 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
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3 October 2024 | 15 replies
In order to get started just make sure you have high enough W2 or self employed income that you can qualify for the monthly mortgage plus savings for the down payment and closing cost.
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2 October 2024 | 3 replies
I'd still say for go for it if you can find a property that qualifies, but be thorough in DD about the regulations/permitting.
30 September 2024 | 3 replies
Do you prefer to have an open "application period" to collect applications and then make a decision based on the "most qualified" or do you take the first qualified, even if on a personal level they put off some red flags.
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1 October 2024 | 2 replies
It's not all-or-nothing, so you may still qualify for some tax relief.
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1 October 2024 | 12 replies
Make an appointment at your local bank and ask them how much of a mortgage you qualify for.
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1 October 2024 | 6 replies
After reassessment the tenant's portion went to $1,200... yep, that means they no longer qualified for their voucher and there is no guaranteed portion.I'd search the forums here for more info about S8.
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30 September 2024 | 7 replies
Sounds cliche but always best to reach out to a trustworthy loan officer and fill out an application because there are too many things to look at before determining how much you can qualify for.
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3 October 2024 | 11 replies
Lenders often consider a percentage of that rental income when assessing your borrowing capacity, which could make it easier to qualify for a new loan.Market Conditions: Analyze the real estate market in both your current area and the area where you plan to buy.