They are willing to do a double deposit, and do not have a co-signer.The second couple has a combined credit score of 511.

I would be careful about the relocation before the letter since if you need a co signer or anything for a multiunit, the down payment would go back up to 25% even if you are living in it.

Here is a link to a co-operative building materials service that should be able to save you a significant sum of money: https://bimquote.com/Should you want to discuss construction loan options to build out some developments I am also happy to discuss those further.BIll

I've been renting a few units for 6 years now and up until now haven't dealt with having a co-signer. 

I am also planning to use an FHA loan with a co signer to qualify, and am wondering if there is another way I should consider or if that is probably my best bet?

As a beginner, you can learn a lot from your uncle with a few rentals in another state or a co-worker that's on their second house hack.

Remember WHO asks for the pre-approval letter - - it's the BUYER, not the lender and that's to assure the buyer that the offer is genuine and not from a lookie-loo.The pre-approval letter will drive the lenders loan approval and underwriting process to produce a specific approval:we will grant a loan on xyz property not to exceed $yyk dollars with a COE on or before mm/yywith a GSI and NOI as represented by the displays from the existing owner.

If there is no such thing as a JV agreement what contract do we need to have signed with a co wholesaler?

You can hire a management company, but you can also self-manage or hire a co-host which are two options that allow you to generate a higher return so those are two options to consider for the right investor.For example, I sell property in the Florida panhandle and give clients a full vendor list once they go under contract so that they have all of the contractors, cleaners etc they need to successfully self-manage.

Hi all!I would like some advice on what my lending options are for the co-op my family plans for buy. The co-op will likely be purchased by a family member. It will be used as primary residence. Her and I already co-o...